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FHB affordability, anyone? Sorry; can't resist. :D

I remember being in Cairns back in the '80's playing in a golf Pro-Am...in August. On one of the tournament-free days, a group of us "Mexicans" got together for a bit of "frisbee rugby" and copious beer guzzling on one of the Cairns beaches. We were having a ball in our bare chests and...

Amenities is an objective thing. Younger folks and professional folks who like nightclubs, lots of action and so on look at Cities as a place with better amenities. Older folks - or even just plain old 30 year olds with 2 kids have a different set of amenities in mind - A hospital, a...

Correct. (My post before was a subliminal dig at those anti-NG sooks who reckon all their houses are being devoured by investors).

In other words; the rent yield is cr@p and seriously cashflow neg. How is the investor activity in that area?

When we lived in the USA, we often visited the city of Santa Barbara (approx 1.5hr drive up the PCH north of L.A). Santa Barbara as a city is in the more wealthy and highest income level demographic residents overall. We saw a docco about it while we lived over there, and it had arrived at...