Rising Prices, Plummeting Rents
Australia’s housing market goes crazy — again. In this Inside Story article our Lead Moderator Peter Mares says that the impact of the pandemic on housing has yet to run its course, and Melbourne’s bizarre combination of rising property prices and plummeting rents should caution us against relying heavily on “the market” to allocate a crucial good such as housing.
Inside Story, 15 February 2021. Read the full article here.
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