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Aspiration or survival: COVID’s new property reality

The implications of COVID-19, and its exacerbation of the gap between rich and poor, are moving beyond the realm of immediate health and financial needs and shaping the future of our homes and communities.

Apartment design over blueprint
Developers are providing design responses to the COVID crisis. Image: Shutterstock

The implications of COVID-19, and its exacerbation of the gap between rich and poor, are moving beyond the realm of immediate health and financial needs and shaping the future of our homes and communities.

Major surveys and studies published this week have served to highlight how property buyers are reacting to the health crisis and the sterner challenges facing many moderate to lower-income Australian households.

Two separate studies, one a gl…