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JT7 you may be misinterpreting my comments... I am not panning Emerald as somewhere not to buy. What I am trying to say is that when you look at it, you need to be able to justify it as a strong regional hub buy without relying the gigantic rents of mining boom. If the numbers stack up with non...

Depends on how big your kahunas are with Emerald :) Looking on the web there are some fantastically cash flow positive places for sale, so you wonder why they are being sold when hundreds of dollars a week positive. Flip to the for rent section for emerald, and its pages of "lease take over...

I too have been watching Emerald, houses that were renting for $800+ a week are now renting comparables at $500 or so per week. Makes you wonder how many leases will be broken to move to a cheaper place and lock in a 12+ month lease at the lower rental rate.