The Psychology of Property Decisions

It's very difficult to really pull this stuff apart. Michael was spoken about a lot, in fact. The art part is really understanding, I guess, the psychology of property decisions and the people that make them. And I think that part is actually missing from a lot of commentary in Australia, particularly from economists. So when I've sat back and thought, well, what else other than incomes is contributing towards property growth? It was really about reflecting over the last sort of 20 plus years of observing lots of different property decisions that have been made in the market.