Coronavirus: Mass job losses and industry shutdowns hit Australia's property market | The Business
More than one in three Australians rent their homes.
But with an income crisis caused by COVID-19, those renters, and the landlords who rely on their payments, are in trouble.
As concerns mount for both renters and property owners, REA Group CEO Owen Wilson, which owns realestate.com.au, says the real estate sector is adapting to the unprecedented limitations.
Subscribe to us on YouTube: http://ab.co/1svxLVE
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
You can also like us on Facebook: http://facebook.com/abcnews.au
Or follow us on Instagram: http://instagram.com/abcnews_au
Or even on Twitter: http://twitter.com/abcnews