Hello Tim, The oil issue has been spoken of for many many years and the level of exploration just now is probably not sufficient to hang your hat on for an Investment. I would suggest the reliance on finding and exploiting oil and the subsequent property movements should at this stage be classed as a gamble and not an investment.
The south provides a good place to buy and invest still, it has become a more mature market with many local people getting into the market, hence investment potential is of a more steady sustainable long term.
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