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That's true. I know that Atlanta and Florida has ran quite hard, but the same has not happened in other areas. Drapac just bought a 1000-house land there so he'd be one of the funds/PEs you're talking about. I'm not too sure what will happen on a full economic recovery or which will make more...

That's true. Like Australia, you can get great yields on properties in regional locations/rural areas, one trick pony towns/cities etc. But like Australia, the prime site properties which boom quickest in a recovery due to their development potential/immigration etc etc are still expensive on...