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Article: The changing role of caravan parks as a housing alternative and implications for the real estate market.
- Article from:
- Australasian Business Intelligence
- Article date:
- August 16, 2003
CopyrightCOPYRIGHT 2003 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Aug 15, 2003 (Australian Property Journal - ABIX via COMTEX)
Caravan parks are often overlooked as a place where people actually live. However, it is estimated that around 68,000 Australians live in a caravan park, with 24,000 alone living in Queensland caravan parks. However, the use of caravan parks as a place for low-income earners to obtain a permanent source of cheap long-term accommodation would seem to be under threat. Many caravan park owners are choosing to sell their land to property developers, while others are preferring to concentrate on the more profitable short-term tourist sector. The issue ...