COVID-19’s impact on Australian real estate
8 September, 2020.
Prior to the pandemic, Australia’s national residential property prices had been staging a recovery – thanks to low rates and rising home buyer confidence. COVID-19 has changed all of this, impacting everything from the unemployment rate to net migration – significant drivers of property demand. The impact on commercial property has also been significant and could be long lasting. In this video, Macquarie Asset Management’s Head of Real Estate Strategy, Rod Cornish, shares his insights on COVID-19’s impact on this important sector of the economy in Australia.
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