what is the future of qld property market, page-4

QLD will continue to out perform. Anyone who owns a house is already in the system so to sell one for and high price and buy another is no biggie. Also, as this is god's own climate, the population continues to grow. Sydney and melbourne people who sell up and move here can also afford to buy in. Also as rents rise those who already own a property can gear up to buy more. the amount needed to top up after rent is not excessive.

I am a big fan of property. I have 3 houses in SEQLD and would like to buy more.

I have a little model that I like to use. Look at Sydney prices and that will be Brisbane in 10 years time. Look at LA and that will be Sydney in 10 years time. In LA any property at all within several Klms of the ocean is worth in excess of 10 mill. I own one house 600 meters from the water at Deception Bay (not the flashest suburb) for which I would be lucky to get $250, 000 for. So I can see a lot of upside ahead.

I am afraid for the next generation that cannot afford property in a coastal town will have to, as they do in the US, move inland. I can just hear the justification now. "So if we buy at Dalby, we are only 3 hours drive inland and we can go to the beach for the weekend any weekend that we feel like it"