The links were in the posts I made yesterday-check the threads...

  1. 3,404 Posts.
    The links were in the posts I made yesterday-check the threads titled '20% price drop in brisbane' and 'I thought property only went up'

    http://www.news.com.au/finance/real-estate/where-you-should-and-shouldnt-invest-in-property/story-fncq3era-1226848121146

    "MORANBAH: Once the growth success story of Australian real estate, Moranbah has declined massively in the past 12-18 months, thanks to coal industry contraction and growing use of fly-in-fly-out workforces. The median house price fell 45 per cent in the past 12 months and rents are now one-third of their peak levels."



    http://blog.residex.com.au/2011/10/19/regional-australia-7/

    A flat market from 2007 till 2014 represents 6 years of no growth. Considering 3% CPI that measns you have lost 18% value due to inflation!!

 
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