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As council and government aim to get a wider variety of people living in the city, experts have suggested ideas such as defining unique neighbourhoods of the CBD and removing road for walkways. ....
As council and government aim to get a wider variety of people living in the city, experts have suggested ideas such as defining unique neighbourhoods of the CBD and removing road for walkways. ....
MacroBusiness Access Subscriber Only Content at 10:00 am on April 27, 2021 | 6 comments Last week we published domain data showing that inner-Melbourne apartment rents have collapsed, falling by between 16% and 30% in the year to March 2021: Inner-city apartment rents have collapsed across Melbourne. Shortly after it was revealed that many investors had dumped their Melbourne apartment holdings, taking losses of 30% to 40% in the process. There are 840 words left in this subscriber-only article. The reason for the falls is obvious: the collapse of immigration and international students has cratered demand and driven up vacancy rates. And the situation is unlikely to reverse until immigration is rebooted. ....