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I agree this cycle is totally different in Syd from previous cycles. My understanding is that many professionals from India/Immigration was a major factor that pushed prices up in the West as it is affordable, not for too much long though. I also think there are many myths and snobbery...

Yes, I agree with this, though its over the top sensilisation (I can't spell) with his example... let's maximise marketing.... and get everyone sucked in The question is how to identify an area that will take off and is not blue chip???? Anyone know??;)