rba warns fhb's this is not time to buy, page-38

"""Also not interested in investing over there but I know people that have been buying there."""

I know them too ... they are the ones I see rocking back and forward in the corner at the bank mumbling about how it was supposed to double every 10 years because the agents all said it was about to boom and now was my last chance to buy.

I can confidently tell you property has made a lot more people broke than wealthy on the Gold Coast. Its a lifestyle and that's it.