The great property crash that has engulfed the Pilbara mining region of Western Australia has proven fertile ground for local scavengers seeking a bargain. From The AFR:
Mr Rowles, who works for Rio Tinto, and his partner, Erica, who is a teacher, bought a three-bedroom home on a 1089-square-metre block for $205,000. Four years ago it sold for $1 million as investors clamoured to buy properties that could be rented for as much as $2500 per week…
