ALMOST 1500 new homes will be built at north Coomera after the Gold Coast City Council approved a $750 million materplanned development this week

THE cost of renting on the Gold Coast is so high that tenants and mortgagees now spend the same proportion of income on housing.
ABS figures analysed by RPData show that Queensland tenants lose 18 per cent of gross income to landlords, the same proportion home owners spend on repayments.