Reside or invest amid pandemic and housing affordability decline

The recently released ANZ Corelogic Housing Affordability Report showed the wide scale decline in housing affordability with the ratio of housing values to household income reaching a new record. This was coupled with the number of years it takes to save for a deposit and the ratio of income to rent.

Buyers in regional Australia have been particularly strained due to the effects of COVID-19, with remote work trends and appealing coast and tree c…