From Michael Yardney 1. Lower capital growth 2. Relatively low interest rates 3. The growth of our service industries 4. The property markets will become more fragmented 5. More apartment living 6. A bust in the inner-city apartment market 7. Lower population growth 8. There will be more “white noise” 9. There will always be an “X factor” Details on each point can be found in the article Some of them are obvious while others not so obvious. So based on above I think Michael predicts the best places to invest with highest probability of greater capital growth would be in Melbourne and Sydney with bias towards inner city. Cheers, Oracle.