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  • Profile photo of mcdeyessmcdeyess
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    @mcdeyess
    Join Date: 2003
    Post Count: 56
    July 30, 2003 - 3:27 am

    Thanks Steve,

    Your response is very interesting, I also noticed during the seminar that he was using diagrams of income flow comparing poor, middle-class and rich that look surprisingly similar to what is found in “Rich Dad, Poor Dad”, this was even more interesting when one of the quotes had a source of the books author Robert Kiyosaki. George seemed to be saying that he had done well for himself, certainly knows more about investing than me. Perhaps he is “borrowing” a bit to much content at the moment.
    Thanks to Lucky Phil for your feedback also about the workshop.

    Profile photo of mcdeyessmcdeyess
    Member
    @mcdeyess
    Join Date: 2003
    Post Count: 56
    July 30, 2003 - 2:54 am

    Hey people,

    I have been to Cairns a few times of late for work and am going up again this week. Is it possible that the reason prices are going up in Cairns at the moment is due to Joe Hockeys comments about Sydney not being a popular tourist destination for the Asian market anymore, and places like Cairns are starting to take over as “the gateway to Australia”. I believe Jo mentioned Cairns specifically. I have always viewed Cairns as being tourism based and in competition with Townsville – Townsville having more industry plus the army barracks I would have thought it would boom first. Goes to show what I know. [B)]

    Profile photo of mcdeyessmcdeyess
    Member
    @mcdeyess
    Join Date: 2003
    Post Count: 56
    July 4, 2003 - 1:07 am

    I also have a question about the Brisbane market. I am new to QLD having moved from Canberra so I understand little about the market and am trying to catch up. I read in an early forum topic to stay away from the inner city appartments? Why is this? I understand that there is currently there is an oversupply doesn’t that just mean you can get a good deal on one, rent it out and wait for things to ease off and sell for a nice CG?

    Regards,
    Kev

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