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I hear ya, but I think you'll find the wealth effect has a way of rippling out to all the states. As the economy kicks off it will restore confidence and retail and property will kick in. Property development is a big driver of GDP in Sydney and Melbourne and will have a big income effect for...

And how many years until the cash flow is on par for renting versus buying if we assume rent rises at 7% pa (i = 7%)... Rents to rise Yields are too low at present but are set to take off with income increases and high inflation on the back of the mining boom phase II. Prices might take a...