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Coronavirus: Mass job losses and industry shutdowns hit Australia's property market | The Business
Uploaded date - 27/03/2020
From ABC News (Australia)
More than one in three Australians rent their homes.
But with an income crisis caused by COVID-19, those renters, and the landlords who rely on their payments, are in trouble.
As concerns mount for both renters and property owners, REA Group CEO Owen Wilson, which owns realestate.com.au, says the real estate sector is adapting to the unprecedented limitations.
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But with an income crisis caused by COVID-19, those renters, and the landlords who rely on their payments, are in trouble.
As concerns mount for both renters and property owners, REA Group CEO Owen Wilson, which owns realestate.com.au, says the real estate sector is adapting to the unprecedented limitations.
For more from ABC News, click here: https://ab.co/2kxYCZY
You can watch more ABC News content on iview: https://ab.co/2OB7Mk1
Subscribe to us on YouTube: http://ab.co/1svxLVE
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
You can also like us on Facebook: http://facebook.com/abcnews.au
Or follow us on Instagram: http://instagram.com/abcnews_au
Or even on Twitter: http://twitter.com/abcnews
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