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4min chapter
The Housing Supply Myth - Cameron Murray & Ian Mulheirn
The Joe Walker Podcast
The Role of Expectations Driven Divergences in the Market
In London, it looks like the yield is very much lower than it is in the rest of the country. And I think a similar story plays out in Australia. Why is why a price if it's just straightforwardly discounting, there shouldn't be that difference in yield? The IMF has done work on this and looked at globally integrated, you know, financial hubs around the world. But there may also just be a straightforward expectations thing.
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