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@melbourneswest
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1 min read

It really depends as there are alot of factors that go into the housing market. Definitely once baby boomers start leaving this rock we will see a large supply flood the market but is it able to he propt up by immigration and people switching cities?

The biggest impact is people leaving cities for regional areas to seek safety from COVID. this has caused a housing slump in the rental market in Melbourne dropping from average price of $450 per week to $370 per week.

Again those in power alter things force people back into cities to over inflate prices.

The battle between the generations rages on.

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