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Three different office market stories. Same set of data. : Comments
By Ross Elliott, published 23/10/2014There is a lot of pessimism about the CBD office market in Brisbane at present but is all of it warranted?
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Further and long overdue decentralization, and the continuation of the current downward trend, and thank heavens, a return to halfway reasonable rents, is in prospect!
Even so, at the end of the day, 50% of something will be worth more than 100% of nothing!
That said, the wise would be well advised to junk the bricks and mortar mindset, and instead look at promising alternative energy prospects/projects.
Simply put, as the world supplies of energy products/production winds down; as it must, those with (can't loose) investments/shares in alternative energy projects, will just get richer and richer, as alternative energy product production is cranked up and up!
A good businessman/woman, know when to cut his/her losses and get out OR IN!
Rhrosty.