5 Years Since Covid: How The Property Market Has Been Impacted

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5 years on, Covid is still driving some WEIRD outcomes to the housing market.  We unpack 3 areas that are NOT back to normal just yet and what it means for property investors across the country. 

1. Population Yo-Yo: The biggest fall in 50 years, and then the biggest rise a couple years later.  Despite little change in the overall population expectation over a 5 year period, this has caused rapid rental inflation.  

2. Construction market: The big inflation in construction markets has driven strange outcomes in housing supply figures. 

3. Interest Rates & Macro settings: The big fiscal stimulus has driven a big change in inflation figures, that are driving interest rates and property values today.

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