From Terry McCrann:
The first thing to be said is that for the 15 million or so Australians who are just “camping out” — in former prime minister Paul Keating’s famous, and fatuous, reference; those who don’t live in Melbourne or Sydney — the response would most probably be: what boom?
Although yes, just as all property prices in a city are connected however faintly, the Melbourne-Sydney boom has tended to drag other cities up a little as well.
