A mid-May survey of 1,877 investors by PIPA and the Property Investors Council of Australia found 80 per cent said the pandemic had not changed their buying intentions for the next six to 12 months, and 18 per cent said it made a purchase more likely. Although 36 per cent had lost income, 91 per cent did not seek a mortgage pause, and only 5 per cent were more inclined to sell.
Reported by
Fergus Halliday, Smart Property Investment, 31 May 2021
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