{"id":6786,"date":"2017-02-27T09:48:28","date_gmt":"2017-02-26T20:48:28","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=6786"},"modified":"2017-02-27T11:22:03","modified_gmt":"2017-02-26T22:22:03","slug":"mum-and-dad-investors-lose-hundreds-of-thousands-of-dollars-as-mining-downturn-continues-to-bite","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/mum-and-dad-investors-lose-hundreds-of-thousands-of-dollars-as-mining-downturn-continues-to-bite\/","title":{"rendered":"Mum and dad investors lose hundreds of thousands of dollars as mining downturn continues to bite"},"content":{"rendered":"<ul>\n<li>IT was not so long ago that seemingly every commentary on the Australian economy referenced it simultaneously running at two speeds.<\/li>\n<\/ul>\n<p>As the folk of the country\u2019s resource-rich outback towns enjoyed the abundant rivers of cash the mining boom flooded upon them, the country\u2019s traditional economic powerhouses, Victoria and NSW, stagnated with high interest rates and the high Australian dollar.<\/p>\n<p>READ MORE VIA <a href=\"http:\/\/www.news.com.au\/finance\/real-estate\/buying\/mum-and-dad-investors-lose-hundreds-of-thousands-of-dollars-as-mining-downturn-continues-to-bite\/news-story\/46af565a981f797f2554b98fb88821ee\">NEWS.COM.AU<\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-6784\" src=\"\/\/www.propertynoise.com.au\/wp-content\/uploads\/2015\/12\/a-row-of-brand-new-vacant-houses-in-moranbah.jpg?w=300\" alt=\"a-row-of-brand-new-vacant-houses-in-moranbah\" width=\"300\" height=\"225\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/a-row-of-brand-new-vacant-houses-in-moranbah.jpg 650w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/a-row-of-brand-new-vacant-houses-in-moranbah-300x225.jpg 300w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><span class=\"caption-text\">A row of brand new, vacant houses in Moranbah, where prices have plummeted after coal prices fell. Picture: Robyne Cuerel<\/span><span class=\"image-source\"><em>Source:<\/em>News Limited<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT was not so long ago that seemingly every commentary<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/mum-and-dad-investors-lose-hundreds-of-thousands-of-dollars-as-mining-downturn-continues-to-bite\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":6784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[],"class_list":["entry","author-data123nz","post-6786","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mum and dad investors 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