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Traffic congestion and poor air quality are not words I associate with Canberra. Now Sydney and Melbourne- probably. And many big cities around the world make Sydney and Melbourne seem like quiet villages. A town wouldn't be so bad except I'd have an extremely long drive to work.

Yet people have responded several times in the thread already yet you keep coming back with the same "genuinely curious". That would indicate that you're not interested in the answers, only in stirring the pot.

Still trying to troll Harro?

I'm not sure why you have such a bee in your bonnet. I happen to like Canberra but you don't have to. That's fine. I probably like flavours of ice cream that you don't. It's an artificial lake but it's a well established one- and as I said, pleasant. Not outstanding, just pleasant. A view...

It's not an investment hotspot now. But it's had quite a few years of low vacancies, increasing rents and good capital growth. It's time for things to get back to an equilibrium. It's the foreshores of Lake Burley Griffin. But other town centres in Canberra have lakes with a pleasant outlook.

When I first lived in Canberra as a single guy I couldn't wait to get back to Sydney. There wasn't much of a singles scene back in those days. However we've very much enjoyed the lifestyle with a family. The facilities for kids are great. There's bicycle paths all over the place and excellent...

They seem to be selling. Although the project on the site of the Jamison Inn went broke, there's units in Belconnen which have been resumed. I guess people are buying- the convenience of being so close to the mall and transport hub must be strong.

It's a bit more than that I think. 1. Labor was already starting to cut back on the public service. 2. Vacancy rate was still very low in the Howard years. 3. It's supply as well as demand. In this cycle there's a huge supply of high rise units on the market.

It wasn't a sudden (or even a slow) drop so much as flat rents for several years after good rises over many more years. Just a return to equilibrium perhaps. I have a house in Jerrabomberra and had two cottages in Lyneham. The house has been flat for a few years and I had to drop the rents in...

Absolutely. It's been a very long cycle. We've had low vacancy rate for many years- and then rents dropping slowly over the last 2-4 years. There's a lot of high density which has been built in recent years, and still being built.

My old property manager told me this week that rents are softening acros the board. Sitting tenants are asking- and getting- $50pw price drops- otherwise they will walk.