> Without further details, I can't say whether your assessment of "dying" is correct or not, but it is true that towns that have mining operations experience explosive growth (and contractions) in housing prices.
I honestly don't know. I was with a couple of locals and remember seeing the advertisement and remarking at how expensive the housing was. This was 7+ years ago but I remember they said something about it being a dead mining town turned into a prospector town. Folks looking to hit it big finding an unknown vein somewhere.
I've worked with more Aussies and we've had lots of discussions about the particularly weird housing market there, with of course lots of segues into the weird Bay Area housing market by way of comparison.
I honestly don't know. I was with a couple of locals and remember seeing the advertisement and remarking at how expensive the housing was. This was 7+ years ago but I remember they said something about it being a dead mining town turned into a prospector town. Folks looking to hit it big finding an unknown vein somewhere.
I've worked with more Aussies and we've had lots of discussions about the particularly weird housing market there, with of course lots of segues into the weird Bay Area housing market by way of comparison.