Hey booz
Enjoy your comments - your view re regional areas - isolating those you mention may be right - but lets exclude the seachange areas - which I don't believe are all that cheap - the rest of Australia is huge and will not perform that well. Especially if we continue to have a downturn in the economy. There is already quite a bit of anecdotal evidence gathering that many country towns are doing it tough, seachangers returning to city and 40% jump in self funded retirees claiming pension won't help.
My comments about regional areas are that in the short or medium term one needs to be very careful. Safer to stick to the cities. The one to 100 property purchase regime promoted by some authors won't be a safe bet now but was successful at the time.
Safer to stick to the good suburbs in the cities IMO.
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