Queensland Resorts Sell at a Discount as Aussie Clips Tourism – Bloomberg

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Another Fire Sale in Queensland. Will it ever stop.
The worst part of these sales is that the big players have lost faith, so where does that leave the rest of us. Will it recover from here, or just find a new base?

2 comments

  1. christina says:

    Funny turn of events really!
    The banks only 3 years ago were pushing for people to invest more in bricks and mortar and letting people leverage way over and above their capabilities should the winds of change come and now they are crusifying the goose that laid their golden egg share price wise and winding all these properties up.
    Funny turn of events really!

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