Gold coast property market in trouble

I read in yesterday's Sun Herald (Sydney) that on domain that there's as many properties listed for Gold Coast as for Sydney - and GC has 60% of the population!:eek: Bargains galore for many months to come it seems.

Speaking of which: did anyone go to the mass auction last Friday at 11am at the Surfers Paradise Marriott Resort & Spa by any chance? 40 or more properties up for sale under the one roof, but not on a Sunday like the usual Ray White sponsored "Auction Spectaculars".

That should probably read SE Queensland, not Gold Coast - sorry for any confusion.
 
Why is it that the media is labeled as evil when they report negative news like this and given utmost credibility when the news is positive.

I've never got my head around this phenomenon.

they're not - they're never given credibility.

their "positive" news spins are just as sensationalist and full of holes and errors.
 
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