Property developers bet on return to normalcy, declaring COVID-19 'a bit of a speed bump'

Melbourne might be one of the most tightly locked-down cities in the world right now, but a welter of recent property deals shows developers are betting on a rapid return to normality.Even as Melbourne is in a second lockdown, developers are finalising new deals to build thousands of homes

Two of the three key drivers of property prices — jobs and migration — are set to remain weak for some time The agreement between Thailand's massive Supalai group and Australia's largest residential developer Stockland was agreed in principle in November but inked just last month. It is a similar story in the inner city, where developers Mirvac and Milieu will construct 500 homes in Brunswick in a build-to-rent project scheduled for completion in late 2024."We really see COVID as a bit of a speed bump not dissimilar to the dip in the market of about two years ago" Jason Goldsworthy, national manager of build-to-rent for Mirvac, said.

Property developers should look at September job market figures and speculate according to household $$

We cannot return to normalcy, it is my least favourite word

Major mall,developers such as Westfield, monopolizing, cornering shopping experience, not supply of consumables. Is capitalistic subjugation of shop proprietor. Inner city streets,offer buisness opportunities to purchase rented space.Mall constructor? monarch privilege disparity

Property developers set on greed.

DariusSessoms - why isn't this being covered cnn CBSNews MSNBC? Hell, even Reuters doesn't have it. If you want the AllLivesMatter people to relent & focus on BLM - YOU HAVE TO COVER THIS Congratulations AP MSN for covering. DailyMailUK & LaurinburgEX as well.

part of the 20% who own 62% of the nation's wealth !

Did JoshFrydenberg advise you this on behalf of his developer mate? 🤔

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