Hello everyone,
This is great! I love the questions and comments.
Kath is spot on… ‘planned’ as opposed to ‘committed’ is my point. Too many projects are announced in the media as ‘planned’ to then subsequently be shelved by governments for one reason or another. And yes, bridges, rail links, freeway extensions etc., all add value to property prices that are enjoying the benefit of the expansion. However, there are far too many projects that do not go ahead and thus investors have jumped the gun, made a purchase, yet only to discover that the infrastructure did not proceed.
