Tag: Economy

COVID-19: Decline In Australian Housing Market

Experts warn house prices across Australia could fall by 50%.     A combination of low employment and a negatively-impacted economy are predicted to impact the Australian Housing Market.     While the predicted drop in house prices will not occur instantaneously, some signs are already showing.      According to the Home Value Index

COVID-19: Kickstarting Australia’s Economy via Housing

COVID-19 has causes huge impacts on Australia’s economy due to the current restrictions.   Gathering and travel restrictions have caused many people to lose their jobs, leading to a reduction in income and wealth. It has also caused supply chain disruptions and a reduction in population growth (especially from foreigners).       AUSTRALIA’S ECONOMIC

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