Just wondering what people think about the prospects for Cairns in 2010. It has been a bit of a dismal year in 2009 in FNQ for IP's. Many businesses have closed and the renters have moved elsewhere for work. Not a good year for getting tenants.
So those that had to --sold. Those that hung on did not see much in the way of capital growth. In some cases it was negative.
On the bright side...with such a dismal 2009, maybe 2010 will be better?
So those that had to --sold. Those that hung on did not see much in the way of capital growth. In some cases it was negative.
On the bright side...with such a dismal 2009, maybe 2010 will be better?