Thanks to Periform and Einstein for your interesting assessments...

Thanks to Periform and Einstein for your interesting assessments of the Brisbane unit market. There does seem to be a looming issue with over-supply but at the present time prices are still high. Body corporates fees are a big problem and I think they will only get worse. It is so difficult to get owners to go on committees these days with the end result being that Body Corporate Management companies have to do everything unless there is an on-site manager. It's a bit of a no-win situation: if there is an owners' committee, there's often conflict as you can never please everybody. If there is no committee, the need for maintenance often goes unnoticed until a crisis situation arises. And of course, without a committee the BC Managerial fees are much higher. I agree with your conclusion that houses are a better long term investment, but many young people have been priced out of this sector of the property market.