When property taxes get a lot higher in Queensland and Victoria then is the time to invest in Queensland businesses along with Victoria.
The cost of capital in terms of initial outlay for rentier set-up is far to high. You only need to look at the accomodation business costs in terms of the purchase as a barrier to entry.
Its like taxi industry which suffered from a lack of proper asset tax pricing.
Uber and co come in as a real world disrupter at the values of those businesses come down to normalised levels
