Coronavirus to kill Australian Property | Webinar & Podcast
The strong rebound in Australian property values has come to a shuddering halt with the Coronavirus lockdown. Auction clearance rates and buyer sentiment have collapsed, unemployment is surging, and mortgage availability is tightening. All of which points to declines in Australian property values. Yet these headwinds pale next to the looming headwind of heavy falls in mass immigration over the medium term…
Listen in as Nucleus Wealth’s Head of Investments Damien Klassen, Chief Economist Leith van Onselen, Chief Strategist David Llewellyn Smith and Head of Operations Tim Fuller discuss the ultimate victim of Coronavirus, Australian property price.
Listen in podcast form here with the webinar slides to see referenced charts here
(Links are featured at the bottom right of the player if you wish to listen on your preferred platform). If you enjoy, consider subscribing on YouTube or your preferred podcast platform to ensure you don't miss future episodes
Topics include:
- Coronavirus a unique challenge to Australian property and growth model as a whole
- Mass immigration and international students
- Foreign buyers’ role in Australian property
- Rental crash
- 1.3 million loss making landlords
- Policy exhaustion and options
2 topics