Some of the major banks have indicated they will allow eligible mortgage customers the chance to defer repayments for up to six months to deal with the crisis."If there are widespread job redundancies that might come into distressed sales," Ms Ball said.The states also agreed to work on how relief could be provided to tenants in both commercial and residential tenancies over the next six months.
Bidders will also be separated and most agents are looking to increase live streaming of auctions and phone and online bidding options. Sydney Auctioneer Clarence White is conducting 14 auctions this weekend but expected fewer onlookers coming onsite to watch the action."We would then make available the option for someone to phone bid, or if agents want to go to the next step, those apps can be allowed for online bidding."
. Who would buy a house when Everyone ia about to go broke? Prices will plummet! .
There are over 300 cases of the virus confirmed in NSW. With more cases EVERY DAY. People told to social distance. And 900 auctions are happening!!!! Where people stand shoulder to shoulder!! WTAF? This is peak Sydney-centric arrogance FlattenTheCurve
OMG so there's a Pandemic happening but yeah let's talk about friggin Sydney property prices again. Are the last words ever spoken in Australia going to be 'Auction clearance rates were down....' auspol
Ahhh... the money above all
Best thing to come out of this disaster will be houses being treated as an essential need, not a trading chip. 🤞🏻 prices fall big time
Watching this .... today .... I’m guessing 500 unreported