Australia's largest stock trading and investment forum Australia's #1 stock forum

Thanks Guys Jack & Dude, could you please give me your email ID...

First 9 Last

Share
Profile

Follow
motanihatim

244 Posts.

07/01/16

15:09

Post #: 16749255
Share

Originally posted by JACK ↑

I have been doing some research of late into various mining towns.
Things are appearing to have bottomed out in some towns.
House prices are low, rental returns are not to bad.
With all the bad press around re mining and all commodities at present, I really do think things may have bottomed in some areas.
The market will never go back to what it was, but it seem once this cycle in mining turns positive and commodity prices start to rise, so will the house prices and renal returns in mining towns.
One town I looked at before Xmas, had had 60 plus jobs advertised over the month of December alone, also it looks like two previous mines that had closed ( mothballed) etc are going to reopen for business this year.
It's all very interesting when you get down to the nuts and bolts of commodity demand, future markets, cycles etc etc.
It might still take a couple of years to start rising, even if house prices and rental returns only get back to a third of the boom time it still not a bad dollar.

Expand

Thanks Guys

Jack & Dude, could you please give me your email ID if you dont mind?
I have few questions and wanted to check with people who live nearby as I am based in Sydney so its not easy for me to visit quickly
Thanks
Hatim
[email protected]
Upvote

Reply

Top Stories

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

There are more pages in this discussion • 3 more messages in this thread...

First 9 Last