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Why Australia’s property prices will continue to soar – ABC News

In ordinary circumstances, we’d be at the point where a rational Reserve Bank governor would be expressing concerns, but these are different times which has required…

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Across the suburbs, they’re lining up for home inspections.
With COVID-19 restrictions, only a handful are allowed in at a time.
The queues, for units in particular, stretch down the stairwells and spill outside.
In some regional areas, particularly coastal locales, the situation has reached fever pitch.
Prices in some areas are up by more than a third in the space of a year as cashed up buyers fleeing the cities head for the country with dreams of permanently working from home.
Regional prices…

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