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einstein

8,557 Posts.

31/07/14

16:42

Post #: 13748292
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Originally posted by Sector Lead ↑

"Have you thought that maybe Brissy Gold Coast is struggling more than other citites to recover from 2007 for the simple reason that the income to price ratio is more out of whack in that market than in others"

Brisbane had a boom in 2007-2008
GC is a completely different market, driven by overseas investors and the dollar.

Let me give you the tip, GC has nothing to do with your income/ price metrics.

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I spent time on the g.c. recently , place imo is a tip ! Empty sites , boarded up shops , tatty and cheap looking , and totally congested with cars , This place has no class. Give me the sunshine coast anyday!
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