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Trevor Rowe
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I am inclined to agree. When the current pandemic is being managed well people will again travel overseas and many will happily return to the Capital. The students and overseas casual and temporary workers who left during recent months will return. The article starts by saying that workers are leaving but the reality is that many have already left. Their departure explains rents in London going down 15% during the past year. The exodus is coming to an end. Australia is one example of what happens when Covid-19 is managed well using travels bans and lockdowns (rather than vaccines). It is in the midst of one of the strongest property booms seen in decades which is predicted to run until the end of 2021.
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From: Trevor Rowe
19 May 2021 16:44 PM