Coronavirus And The Australian Property Market

Amid the spread of coronavirus, the past few weeks have seen increased expectations of an Australian recession, a slowdown in business activity and trillions of dollars wiped off global share markets. It has many asking what the impact of the coronavirus would be on Australian residential property. 

This note explores fundamentals of housing to better understand outcomes in the current climate. It is found:

• Housing has performed relatively well against negative economic shocks, but the…