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Yes, oversupply of new apartments is more in brisbane compared to Sydney. This is because sydney has the expected pop growth to absorb the demand and also because of supply and affordability constraints of other dwelling types in Sydney . Not so compared to Melbourne as the scale is just too...

I wouldn't say it's as simple as that. New H&L are usually is secondary locations. At the end of the day..ie long term, location will usually come out on top of the cg list. If you can get established h and l in a good location, by all means...But they will likely cost you more.

This is my observations as well. Some of this is attributable to cultural differences also some to supply and affordability constraints in Sydney.

Yup. Right on.

Ofcourse it takes.more than just intent. However without it, you are relying on luck, handouts etc

Actually no. From Melbourne. Lived, worked there, etc and want to go back to Melbourne from Brisbane...

The very last point in my post is the real kicker. The past is the past...it's really about future intent. Perth is happy to compete with the likes of brisbane and Adelaide whereas brisbane wants to compete with the likes of Melbourne. See the difference in intent.

It's a combination of what it's done in the past and what it's currently doing. Things in past include biomedical research and institutes, etc...the so called smart state strategy. Quite a few are market leading. Current = infrastructure, tourism devt with portside wharf, casino with the...

That maybe true. My issue with perth is that the depth of contributions made by non mining is just too low. It's going to take perth ages to develop significant non mining industries. Sydney and Melbourne are already there. Brisbane is trying to get there and is closer to that goal than perth is.

I'd say he is mostly Right In this article.

then how smart /dumb are the ones who but OTP in southbank/docklands?:D

agree......