According to hotspotting.com.au founder and Ryder Property managing director Terry Ryder, there are multiple influencing factors behind why a property market might perform strongly – and some property markets have three or more of these tailwinds behind them.
“Some locations have local economies well set up to withstand the negative forces of the virus shutdown period. They’re places where most of their jobs are provided by sectors which are more likely to be hiring than firing during this period,” Ryder said.
“And they’re places which are spending big on new infrastructure.
“Some of them are in our smaller capital cities and others are in key regional centres.”
https://au.finance.yahoo.com/news/property-thriving-covid19-021916540.html
