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Free resources: States Capitals Feb 2020
Bryce and Ben have unpacked this report in detail in Episode 271 BUT it is quite hard to visualise it on audio, so we’ve created this report as well as the definition for the terms used and included the list of the hot pockets mentioned in this episode.
Hot pockets are clusters of suburbs either neighbouring one another or in close proximity where demand exceeds supply in all of them. Heat in an “isolated” suburb (i.e. not in a cluster) may dissipate into its neighbours, diluting growth. But a cluster means buyers have fewer options. They can’t turn their attention to a cooler market unless they look much further afield. This makes clusters a good choice for investors to start their research.
