Mining Boom Perth Accommodation

I wouldnt get alarmist, if you had read the article it mentions its thier permanant accomadation thats booked out and they still keep room for genuine traveller types

My father who drives trucks Bris-Perth weekly said there is lack of rental accomodation (houses) because people are sick of their rental properties being trashed so are selling up.

The last rental that we purchased 3 months ago....we had bidding war going. Occupancy rate has never been better.
New homes are not being built anywhere need the demand to sustain the growth of people arriving.
Given property prices have grown 3 fold in the past 12 years....not a bad place to invest.
BW

The article you saw/read is fairly accurate. Van accommodation in Perth metro is very hard to find. I live 130 km or so out in a small town and we sometimes get people pulling up here because they can't get into perth. Its only $25 a day here. No one stays long though... nothing to see.

There is a rental shortage but it has nothing to do with properties being trashed. There just isn't enough housing.

Mining boom and fly in and fly out is the worse thing that could happen to Western Australia. The mining companies use to build townships adjacent to the mines for their employees all at reasonable rents. Then some bright charlie suggested that a frindge benefit tax be inpossed on these people. Fly in Fly out then became the norm, which I migh add is tax deductale.
Fly in Fly out duse not stop there. A number of small towns in the bush receive nothinh from the emplyees

I have just read thread 92947 which is along similar lines to this thread except it is happening in Qld.
I know in these times the level of activity can cause problems and concerns etc.

But I was just thinking back to when my wife and I had a retail business in the 1990's and we were having the recession "we had to have".
Interest rates both business and housing were running above 18% (I will stand to be corrected here as I am running on memory) and unemployment was way up there. It seemed at the time no one was working. Tourism had dropped and the ones who did turn up brought as much as they could with them thus dropping their spending.
I spent a lot of my day standing at the front of the shop yarning to other shop owners over a coffee. I saw business owners in despair shut their shop and walk away from a lifetimes work. My wife and I consider ourselves lucky that we survived,prospered and most importantly kept our health.

So whilst these days it can be problematic and so on, I still shudder at the alternative.
Happy travelling.
Jim