Investors have 'largely left' property market | Sky News Australia

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Australia is yet to see the full impact of the coronavirus on the housing and rental market, as new data reveals how conversations about the property market have changed in the last six months.

REA Group Chief Economist Nerida Conisbee told Sky News however investor activity remains very low.

“We can see enquiry levels are well down in every city,” she said. “At the moment the risk is highly concentrated.”

 

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The first step is to remove the property rights of rental unit owners. Next is to abolish all private property. The quickest way is to increase property taxes by 10,000% as 'necessary to pay for the tremendous covid19 costs. For the greater good'. Ignorance is Strength. Boris

What about the country? There's a lot of business's gone, they won't be paying any outstanding GST or tax, some for over 18 months. What happens to the people carrying those debts?

The unit (studio) next to me has come down $70 a week , still vacant since the beginning of June.

There are no investors....

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