As I am a long term investor that focuses on the big picture, in regard to future forecasts, I tend to favour regional destinations.
I understand the connection between Cities and employment, however, with improved transport and infrastructure, in conjunction with ever increasing advances in technology, more and more people can reside in a regional location and earn a good income.
The other obvious demand for the regional locations, is related to Australia's largest demographic group, the baby boomers, and their well documented preference to retire in a lifestyle town.
Planning restrictions and tighter enviromental policy will also restrict the potential of developers to supply the market with land in many regional destinations.
If you want my forecasts for the following 2, 4 or 6 years, I dont have any because I am not really interested.
I will argue, though, that within my time frame of 20-30 years-don't cringe now children patience is a virtue remember-property values in many regional destinations will be far, far, higher than a lot of people can possibly conceive.
