Why Harrison
Growth-led, low cashflowpopulation +9.1% (5y), 7.8%/yr capital growth.
Drivers
- Population growth+9.1% (5y)
- Capital growth7.8%/yr
- Supply tightening-4.0% YoY
- Income growth+17.0% (5y)
Risks
- Thin gross yield (2.5%)
- No major construction project in this state