Property News · January 27, 2020

Will Australian bush fires choke recovery in its property market?


Investors are likely to reconsider the long-term prospects of real estate in major Australian cities such as Sydney and Melbourne, following bush fires that have destroyed 2,500 homes and killed 29 people, and are still burning, according to an analyst.“The bush fires are … becoming more of a real concern for investors, and it’s become a more urgent need to reassess the impact or potential impact of climate change. And Australia is a prime example of that,” said Jonathan Hsu, head of property…

Source : South China Morning Post
Read more…Will Australian bush fires choke recovery in its property market?

You may also like...