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What the COVID-19 border freeze will do to property

Australia's property sectors will be hit in varying degrees by the hit to migration. But the biggest problems will come if the slowdown is prolonged.

Michael Bleby

Sydney and Melbourne will be the cities most hit by the plunge in Australia's population growth.

After all, they're more exposed to the country's dramatic migration-driven gains and have whole property economies built around the expectation of an extra 80,000 to 100,000 people a year.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p54zac