To limit any assistance to first homebuyers to only new dwellings could lead to suboptimal outcomes in the utilisation of existing property and infrastructure.

The availability of sublease stock is continuing to rise, and we expect this to continue throughout 2020 as the impact of COVID-19 filters through the market.

The increase in RentCheck serves as an early indicator and gives us great confidence that the market is opening up again.

I don’t think the price falls will be as large as some forecasters are predicting and this is primarily due to the combined effects of low interest rates and fiscal stimulus.

If the current imbalance between supply and demand continues, then quality properties in investment grade locations are likely to see some positive growth.

COVID-19 has not really put people off buying property, especially at the top end of the market.