Severe COVID lockdowns cost home sellers and landlords millions
Melbourne home sellers and landlords lost up to $55 million a week as sales prices and rents declined after the second severely restrictive COVID-19 lockdown (July 2020) to attract buyers and renters who were relocating to less restrictive lockdowns outside the city, a QUT-led study has found. The f...
Image: Phys.org
Melbourne home sellers and landlords lost up to $55 million a week as sales prices and rents declined after the second severely restrictive COVID-19 lockdown (July 2020) to attract buyers and renters who were relocating to less restrictive lockdowns outside the city, a QUT-led study has found. The findings are published in the journal Real Estate Economics.
Originally published at Phys.org
