Sep 18, 2018
There are strong linkages between events in the local economy and outcomes in real estate markets.
If a city’s economy is growing and creating jobs, real estate markets will be busy.
Proximity to employment nodes is an important marker to look for, remembering that most of the jobs are in the suburbs, not in the CBDs.
At Hotspotting we’re scouring information sources every day looking for events that indicate buoyancy (or otherwise) in local economies.
eg Major new infrastructure projects being planned, businesses expanding and creating hundreds of extra jobs, companies relocating their business because of a particular dynamic in the new location.
Here are some examples of what I mean: Tesla and South Australia, Youi and the Sunshine Coast, Ipswich and the military economy.