COVID-19 will drive decentralisation

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COVID-19 has reportedly driven a surge of interest from Melburnians seeking to relocate to regional Victoria:

Agents are reporting that Melbourne buyers have tripled in some regional areas…

For those couples, families and even downsizers who’ve had a city escape on their radar, the latest lockdown has precipitated a wave of fresh inquiry, in addition to the demand that had already accumulated during the first lockdown.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.