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Message: <blockquote data-quote="exceladdict" data-source="post: 2302954" data-attributes="member: 52622">In my experience, it was the resources construction boom that brought in so many ex-pats, which drove our real estate bubble and actual people visiting the CBD (almost 10 years ago now). With Chevron, Inpex, Shell building plants / preparing new projects; alongside the miners, every tier one, two and three consulting and services firm was opening offices and providing contractors to extract dollars above.East/West/Central Perth apartments are still selling up to 25% below 2012-14 peaks, completely disconnected from the broader housing market. That's probably a lack of demand from ex-pats, international students and airbnb, which are all related to border closures.Some things don't change <img class="smilie smilie--emoji" loading="lazy" alt="😅" title="Grinning face with sweat    :sweat_smile:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f605.png" data-shortname=":sweat_smile:" /> although we do go down to freo whenever <a href="https://escapehunt.com/au/perth/" target="_blank">Escape hunt</a> open a new room. After last years' first lockdown ended, we did just this, and tried to get a meal before doing the pub heist room. Walking up what used to be the 'cappucino strip' after dark, I was reminded why I don't go there.I'd avoid Northbridge because it's not my type of crowd, unless I desperately wanted to try a new restaurant (Northbridge is busying up again for sure). But the main reason to avoid the CBD is there's not much to do there. Yes, some of the hotels have decent restaurants attached, and there are various other things dotted around the place, but without a significant resident population in apartment buildings etc, the city just isn't a convenient destination for locals. Kind of like Fremantle.</blockquote>

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