The slowing growth is reflective of a slowdown in the pace of growth both in house-price inflation, as well as more recently, a decline in the inflation rate in the total value of buildings completed. |
They are now catching up. There was no commercial activity, while the (former white) suburbs were becoming mixed use areas which is why they became popular. |
This could potentially leapfrog the city past the others in terms of life quality and establish it as a world-class city. |
We are only two-thirds of the way through the long-term residential boom. |