how bad is it?, page-3

Given the shortage of accomodation for infrastracuture in Western Australia and Queensland.

NOD should be doing alright after the increase of iron upgrades by BHP/RIO and shortage of skilled labour in these areas of australia.

The shortage of accomodation in these areas and the rental yields that these accomodation produce and the demand get skilled labour to cope with the surge of commodities been exported should be giving signfigant returns.

Its supply/demand. When there is shortage and increased in demand its going to drive the price upwards.

Ive included some articles in relation the shortage of accomodation in western australian and queensland. Also a senate inquiry on how to provide accomdation for the skilled labour in response to the increasing demand for australian commodities. NOD have done deals in these areas


http://www.abc.net.au/news/stories/2010/01/13/2791271.htm

http://annamariacom.blogspot.com/2009/07/accommodation-shortage-in-port-hedland.html

http://www.aph.gov.au/senate/committee/hsaf_ctte/report/c08.htm