Response to: "Investors are destroying Moranbah".

I'm looking to build an Investment property in Moranbah. But I might pass on as I don't want to be judged as greedy investor. Can I build a house for $700.000 and rent it for $400 p/w. No I can not. Why? Because it would cost me about $35.000 per year out of my pocket to sustain the interest rates. But maybe I folk $35.000 per year hoping that the house appreciate 10% or so, in value every year for the next 5 years or so. In this case I, the investor should make about $30.000 after interest rates paid. What if mines are closed down or global unpredicted changes arrive in the future? Who would buy back the house for $700000 from me? What if the house value would not appreciate in it's value? Who thinks I can donate $30.000 a year to somebody who will be renting the house from me? and then sell it after 5 years for devaluated value of $300.000 or so? Buying house in Moranbah can be a huge risk. Who can say here, honestly that investment risk should not be paid with a higher potential dividends? The question remains; should I invest in your city and provide more accommodation for you people? Would you call me GREEDY INVESTOR?