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Thanks, Jenko. Check out this one. I just spoke with the agent. It came onto the market yesterday morning, had one private inspection the same afternoon, at which point it went under contract. This is just one example of the kind of thing I am seeing in the Cairns market at the moment...

Good point, Jenko. It's a distraction from a 'multiple offers' situation and some questionable agent tactics.

So Doozer is an economist and you're in PR and Sales? Only a guess, as both profiles are anonymous. Apologies for not making the grade. I'm always happy to consult with experts in their relevant area, though.

Doozer, that's pretty extreme! I take it you prefer to launch a personal attack than 'go rank' and 'deliver'? :eek:

"Your idea of lead indicators is what I call speculation" Thanks for your opinion. Sorry to disagree, but I wouldn't give your opinion more weight than actual market movements. Again, we are yet to see any actual evidence to suggest otherwise. Cheers Jen

Doozer, how about backing up your own position?

Sorry, but this just doesn't make sense. Are you comparing lead indicators with lag indicators?:confused: Cheers Jen

Sure, but why would anyone debate something unless they had something substantial to back them up?:confused: Personally, i wouldn't enter a debate with an accountant about the best way to increase my tax return. I would rather compare the views of experts in the field. Cheers Jen

The thread refers to the rate of change, not overall position, and depends on what you are basing your interpretation on. I tend to refer to number of people searching and attending open for inspections, number and value of offers submitted on a property, days on the market, stock on the market...

Here's Herron Todd White's latest CairnsWatch report hot off the press, with a bit of Cairns property market 'spruiking' of course. The Cairns market appears to be moving regardless of investor activity. http://www.cairnswatch.com.au/uploads/uploads/201409fullreport.pdf Cheers Jen

Hi CJay Yes, I can understand steering clear of Strata as the insurance market is not good at the moment, especially with pre 1985 buildings. Things are changing slowly though, with some insurance brokers prepared to charge a flat fee rather than commission, which is better. You might be...

Really? Are you advocating anonymous contributions or hiding behind an avatar?:confused:

This is the REIQ perspective on the Cairns market, albeit a month old. http://www.cairnspost.com.au/lifestyle/latest-reiq-data-shows-cairns-housing-market-on-the-up/story-fnjuflgv-1227027781510 Cheers Jen

Doozer, most contributors back up their opinions with at least some evidence, which you seem to be avoiding. Your assumptions about my business objectives couldn't be further from the truth. For your reference, I don't feel a need to 'drum up business', as you assert. If I needed to do that I...

O.k, Doozer, this is a different topic, so may be better suited elsewhere, but let's talk about it. Is it your understanding that unemployment is a lead or lag indicator of the property market? I'm not an economist, so I wouldn't be confident calling it either way. From a quick scan, though, I...

Doozer, can I please borrow your magic looking glass? That's something we can all definitely benefit from. Cheers Jen

Doozer, finally we agree on something! Cheers Jen

Really? Are you active in the property market right now? If so, what are your market observations? I'm not referring to economic sentiment here, but actual market observations. They are not the same. Plenty of other market commentators concur that it is heating up. Are they all 'spruiking'? From...

I was mainly referring to their legal capacity to provide advice. Many have traditionally been focussed on the share market. However, I have come across several that are property focussed. Stuart Wemyss' book, The Property Puzzle, is excellent. Cheers Jen

You've obviously got some very strong beliefs, feelings, and opinions about this thread, as well what 'IS in the best interest of the forum community'. I am able to provide market commentary, which I will continue to do. Investors who are after individual, personalised investment advice...