Why Casey
Stable but fully priced9.2%/yr capital growth, population +9.1% (5y).
Drivers
- Capital growth9.2%/yr
- Population growth+9.1% (5y)
- Supply tightening-4.0% YoY
- Income growth+17.0% (5y)
Risks
- At top of budget (94% of cap)
- No major construction project in this state