Article – Boom and rust in iron ore hub1 November 2013
31 October 2013
The Australian Financial Review
Port Hedland cafe owner Ray Sampson has been looking for a one-bedroom unit that his son, who is also the cafe’s chef, can rent in the post-mining boom property market.
“The agents said the old tenants paid $1600 a week,” Mr. Sampson said. “I got them down to $850. It’s a good thing prices are down, but I think it still needs to come down further.”
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