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All About Gold Coast Accommodation, AustraliaA simple overview of this market is that when an apartment is bought by an investor who is not going to live in it, the unit is placed in a holiday letting pool. The management rights to the letting pool are offered for sale and the successful buyers, most commonly a husband a wife team, then go about the business of getting bums in beds on behalf of the owners. The managers receive a percentage commission on the bookings they secure and that becomes a part of their livelihood. |
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