Aussie housing demand to plunge as COVID shocks population growth: report – NEWS.com.au

The global COVID-19 pandemic has caused the biggest shock to population growth since early last century, triggering a forecast plunge in new demand for Australian housing over coming years.That’s the key finding of the first report by the federal government’s newly-formed National Housing Finance and Investment Corporation research team, who have provided a picture of the projected housing supply and demand balance to 2025.
By then, almost one million fewer people than previously expected are predicted…

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