Well ,finch.
Capital flows where there is expected return
Property/REITs are supported by low interest rates that are expected to stay low "for extended periods"....Also the cheap AUD makes these assets attractive to foreign buyers.
Hopefully the mining downturn will entice us to reform & transform into a more diversified economy.
We can produce more CSLs & COHs.
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Well ,finch. Capital flows where there is expected return...
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