To worry or not….? I guess everyone has heard of the Terry Ryder article "worst places in Australia to invest" that was released this week. http://www.news.com.au/heraldsun/story/0,21985,23616347-661,00.html
We are very new to property investing and was wondering if this is something to stand buy, or just another personal opinion. As we speak we are going through the process on house and land in Lyndhurst, hence the worry and this posting. I guess what we are looking for is advice, thoughts or other opinions. Do we pull out, or ignore and keep on going??
Any honest advice would be much appreciated. One thing we have noticed is on Hotspotting.com.au there is a section with the TOP 12 Boom Towns which lists both Mt Isa and Darwin as boom towns, and they are also mentioned in the Worst Places to Invest (the article released this week?!) a little confusing.
http://www.hotspotting.com.au/index.php?act=viewArticle&productId=190
Any information, thoughts, or advice would be much appreciated.
Thanks
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