Do 400,000 new arrivals change the property market? (you bet they do)
The biggest factor ‘new’ factor in the property sector is the remarkable change we will see from the arrival of 400,000 people into a market population growth had been close to zero.
But will the demand lift that comes from a population burst be enough to counter a consumer slowdown or even a full- blown recession?
Tim Toohey, strategist and chief economist at Yarra Capital is Wealth Editor James Kirby’s guest in this episode.
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