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418 | The Hidden Forces Driving Property Values

The Property Couch

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The Economic Flywheel and the Substitute Economy

The bigger the economic flywheel gets in that location, the higher land prices get. Sydney is going to always be a very difficult city to ever knock off the perch based on the fact that it's such a large economy That does a lot of trade. Melbourne has the opportunity to do that. But the other cities will in our lifetime not be able to knock them off the perCh given the fact that the economic output that exists in those particular two particular states can be unmatched by the others. If we're not letting people back in through the top of the funnel into this country, and I think the fact that we've got this wonderful lifestyle, the stability that we have both politically and

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