RE: Seven Drivers of Value in the Australian Real Estate Market
Hi Jason, thanks for the post. I take it that Australia will never be able to sustain employment and population growth. They contradict each other prohibitively (mothers can't work full time at 3 jobs and deliver babies). Further, Australia is one of the last countries to really be very occupied with primary industry (mining, forrestry, fisheries, agriculture). A large part of this will soon fall away. As we see in Europe, most institutions which delivered on knowledge on how to process ores to concentrates, now teach on how to process scrap to valuables, at a lower cost than mining ores. Australia urgently needs to buckle up on industry 4.0 and manufacturing or the game will very soon be over. Breweries will be in high demand. My personal opinion.
All good points. I think that's true for all the western world. Big changes coming that very few are likely prepared for. Thanks lucky for sharing your thoughts.