Expert Insights

Why did they get it so wrong?

Early last year the banks, economists, and other analysts were wringing their hands, predicting economic gloom and claiming that our property markets were about to crash.

The exodus to a more affordable lifestyle has not occurred

It was widely expected that last year’s lockdowns, social distancing and working from home rules would motivate many people to seek refuge in clean, green, covid free and more affordable regional areas. The latest housing market figures from CoreLogic (for March 2021) however, show that this exodus has not occurred.

Infrastructure projects are over-rated