Aussie property to boom post-virus!

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You can’t afford to wait!!! Via RealEstate.com.au:

Panicked buyers who recently sold their homes and “have nowhere to live” are scouring the market, while vendors are being advised to consider private offers.

Barry Plant Doncaster East director Mark Di Giulio was about to end the auction when a final bid added $20,000 to see the sale price jump to $1.8 million at the four-bedroom property.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.