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Wednesday, November 13, 2019

The Gold Coast suburbs posting double-digit price growth

Post to Facebook on13/11/2019 12:43 AM
Commenting on “The Gold Coast suburbs posting double-digit price growth”


What is double-digit growth today, can go south to negative in very near future.

I blogged on several occasions about shoreline being eroded, and even the most beautiful beaches, no matter where in Australia, will suffer the same fate sooner than later.

The latest fierce fires in NSW and Queensland have definitely ”ignited” debates about global warming and its disastrous effect. It has also been blamed for beach or shoreline erosion. If climate activists continue to make loud noises, and start showing aerial photos of the shoreline erosion, investors can kiss goodbye to their double-digit growth.

If you have invested in properties near the beach, make sure you have your ears on the ground, and be mindful that the sharp rise of such investment can also mean sharp tumble. Do make sure to offload the property when the property reaches a cutoff profit point.

Thank you for reading.