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From: Anonymous
I can't count the number of times I've read articles saying that Sydney can go no further, and how Brisbane is going to boom between 2003 and 2005 (if it hasn't already done so).
But, if you want to invest there and are not a QLD resident, how do you go about it, assuming you haven't time to fly up there on the odd weekend to do your due diligence. We've all heard bad stories of QLD and interstate investors. Are buyers' agents the answer?
More generally, if you accept (and I think most of us do) that there are different cycles in different cities, how in general do people go about buying where you think the next boom / best value is?
I can't count the number of times I've read articles saying that Sydney can go no further, and how Brisbane is going to boom between 2003 and 2005 (if it hasn't already done so).
But, if you want to invest there and are not a QLD resident, how do you go about it, assuming you haven't time to fly up there on the odd weekend to do your due diligence. We've all heard bad stories of QLD and interstate investors. Are buyers' agents the answer?
More generally, if you accept (and I think most of us do) that there are different cycles in different cities, how in general do people go about buying where you think the next boom / best value is?
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