G'day I've got a house I bought in a resources town which is also in an agricultural area. I bought it on the way up in the gas boom of a few years ago. I'm familiar with the area & considered it to be safe enough the problem is all the gas companies have changed the goal posts with accomodation & now instead of having the choice to live in town anyone who wants to work in the industry is forced to live in camp overnight causing mass walk out of town & empty houses everywhere, disappointing that governments allow these types of things to happen when they promoted 40 plus years of growth in that particular region plus encouraged development. Put it this way we now have a house that is potentially worth $150-200 K less & it's in a discretionary trust so we can't even claim the losses on our tax. Looking for people opinions who've been caught out similarly & what to do. Could sell at a huge loss & trade against it in the future. Shift into personal entity to claim losses but trigger a revaluation & stamp duty charges. Or cop the losses on the chin & starve cash flow for future investing. Have spoken with accountants, no real clear option as yet. We could hang n wait for the market to recover some what but how longs a piece of string? Hindsight is a wonderful thing & we've learnt a hell of a lot of what not to do in the future but if anyone has any ideas to lesson the pain fell free to contribute. The house is in the Surat Basin in South West Qld.