Aaron - I actually agree with you from an investment POV - the premium of the western suburbs is likely to decrease as the density increases and it becomes more and more like anywhere else in terms of access to services as well. Other than proximity to the beach / city, the only thing left is not being at the mercy of the freeway but hopefully uber will reduce the number of cars on the road so even that will have less of an impact. I actually think the importance of PT will become less and less as uber becomes more popular.
that's a valid point - although UBER still requires someone to have the cash to use it in the first place....