Jekyll and Hyde
It’s slightly ironic, as we come to the end of Mental Health week, that the real estate industry is having an anxiety attack and from my remote diagnosis, showing signs of bi-polar disorder. Yesterday, while the REIT CEO was busy participating in a feature on the North-West of the state, detailing how tough the Tasmanian market was, giving quotes on sales being down 20% and where blame should be apportioned, the newly minted REIT President was at the other end of the state, talking up Tasmania - with higher demand and strong interest from speculators. Somebody is off the reservation, or possibly hasn’t even arrived on the reservation yet. Whatever the case, the REIT needs to get their communications in order, maybe a dose of Malcolm Tucker would do the trick. A united front at least gives the appearance, to the less nuanced amongst us, that everything is fine. It’s clearly not. The lead for the article was an unfortunate boast – “ Sandy Bay is makin’ it rain: Dollar bills f...