Will the coronavirus fix our housing affordability crisis?

Could the recent pandemic-induced downturn in property prices have a more lasting impact on housing affordability? Our first guest of the week Shane Oliver, AMP Capital’s chief economist and head of investment strategy, unpacks the theory that the economic impacts of the pandemic could be what finally makes purchasing a house more attainable in our capital cities. Then we take our attention overseas, exploring how property markets around the world, from Hong Kong to New Zealand, have fared post lockdown, with Domain senior research analyst Dr Nicola Powell. 00:44 - The long-term impact of the pandemic on Australia’s housing affordability 08:57 - How overseas property markets have responded to the pandemic ---- The information in this post is general in nature and should not be considered personal or financial advice.You should always seek professional advice or assistance before making any financial decisions. Digital Home Loans Pty Ltd t/a Domain Loan Finder (ABN 39 619 694 156, Credit Representative 500208) is authorised by Auscred Services Pty Ltd (ABN 50 164 638 171, Australian Credit Licence 442372). All applications are subject to assessment and lender approval.