Melton “It wasn’t too long ago that issues like price rises, interest rates and negative gearing dominated one of Australia’s favourite backyard barbecue topics, the property market – but COVID-19 has changed all that.
The coronavirus crisis has seen vast changes across almost every aspect of Australian culture, also filtering into our obsession with real estate and shifting the focus to a new set of issues.
New data from realtime media monitoring provider Streem shows news reports about residential property prices in Australian media dropped significantly between March and August 2020, compared to the six months prior.
This change is largely because “coronavirus is taking up so much media oxygen”, said the company’s Media and Partnerships Lead, Conal Hanna.” Stephanie McLean
Mr Hanna said the best way to sum up the changes in Australian property price reportage since COVID-19 is to say there is “less reporting on housing as an asset and more reporting on housing as a basic human need”. In particular, renting coverage has spiked.
(Article from realestate.com.au)
