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Severe COVID lockdowns cost home sellers and landlords millions
- April 21, 2026 at 2:00 PM
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Melbourne home sellers and landlords lost up to $55 million a week as sales prices and rents declined after the second severely restrictive COVID-19 lockdown (July 2020) to attract buyers and renters who were relocating to less restrictive lockdowns outside the city, a QUT-led study has found. The findings are published in the journal Real Estate Economics.
Originally published at Phys.org