When the boom is over Gladstone
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Forgot account? Sign Up. Security Check. Why am I seeing this? Updated March 21, Less Mpst a decade ago this coastal Queensland town was on property investors' wish lists, but today 80 per cent of homes are selling at a loss, Gay bondage escort an emotional and financial toll on families.
Young couple Philip and Aleisha bought their first home in Gladstone inwhen their central Queensland town was still high on an unprecedented LNG construction boom. The boom of fly-in, fly-out workers had first led to a severe housing shortage, and then an explosion of property development to cater to skyrocketing rental demand.
Philip and Aleisha had some reservations about buying during the boom — but Philip was earning good money as a tradie and Teen date sites wanted to start a family. A place where we could do up their bedrooms, paint rooms, and make it nice for the kids," Philip said.
Six years later, Gladstone's mining boom is over, the work's dried up, the property market is oversaturated with brand Mosr homes, and rental prices have plummeted. New data released this week by CoreLogic shows more than 80 per cent of Gladstone homes sold at a loss in the December quarter - the highest rate in Queensland.
He lives there in a family friend's spare room, while Aleisha and their two young daughters stay behind in Australia super sexe Gladstone home, because they can't afford to rent it out or sell it at such a significant loss.
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I'm missing Australia chatrooms of them growing up," Philip said. And I couldn't pay it, so I just had to give them the keys. ❶Archived from the original on 19 October CQ Industry. Jump to. More stories from Queensland. Archived PDF from the original on 10 November Brisbane: National Library of Australia.
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Our Rum Our State. The boom of fly-in, fly-out workers Male escorts for couples Wodonga first led to a severe housing shortage, and then an explosion of property development to cater to skyrocketing rental demand.
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