Seven in 10 investors surveyed by PIPA and PICA in mid May considered it a good time to buy residential property, with more than 1,850 responses collected nationally. Nearly 60 per cent said the pandemic had not changed their plans for the next six months and 18 per cent were more likely to purchase. Ben Kingsley said about 20 per cent of tenants had sought rental relief, usually resolved through reductions or deferrals.
Reported by
Grace Ormsby, Smart Investment Property, 29 May 2020
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