Hobart's gone hipster but property prices are locking locals out

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Tasmania, once known for losing people to the mainland, is undergoing a population boom, and new figures show Hobart had the greatest rise in median house prices for the December quarter for 2019.

University of Tasmania professor of planning Jason Byrne said Hobart was seeing more locals move back from the mainland to take advantage of its economic boom."We have an economy that's increasingly buoyant due to tourism," Professor Byrne said.There is also a number of"climate migrants" looking to escape increasingly extreme conditions on the mainland, he says.

"Some of the solutions for Hobart involve going up. We're talking medium-density development, increasing public transport use, making the city more cycling and walking friendly, and public transport that's safe, reliable, efficient and effective."

 

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Search AirBNB Hobart and you will get 1,000s of short term rentals. This is why there is no long term rentals available, they have been turned into short stay hotels. Its utterly wrong to the people of Tassie.

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