About This Source - ABC News (Australia)
The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.
Recent from ABC News (Australia):
ABC News (Australia) published this video item, entitled “How locals are being priced out by Australia’s regional housing boom | 7.30” – below is their description.
As Australia’s economy roars back from the COVID recession, the housing market is booming but not just in the big cities. Lockdowns are forcing millions to work from home which have made regional centres more desirable and this has pushed prices up.
There’s also upward pressure on rental prices and low vacancy rates. There are now calls for government intervention to help those priced out by the regional property surge, as Ellen Coulter reports.ABC News (Australia) YouTube Channel
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