Capital city arbitrage, page-2

  1. 7,359 Posts.
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    Prices reflect the state of the economy , in the case of Adelaide which has the nations highest unemployment ,very high social taxes , nations highest power and water costs , there is a reason the prices are where they are ( below that of 15 yrs ago yes i own property here ) , stick with the strength ,zero or negative capital gain here ,if you take into account inflation and holding costs Adelaide has fallen more than 50% in the last ten years, nothing wrong with sitting on cash ready to pounce on an oppertunity in a more powerful economy.
    Last edited by Icarus: 11/03/16
 
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