CANBERRA (CU)_Since the beginning of the pandemic in March last year, several industries across the globe have been suffering from a major downturn in economic activities. However, this was not always the case in the global housing market, with ultra-low interest rates and billions of dollars in government stimulus pushed property prices to record highs. This was the case in many developed countries, including Australia, where house prices climbed more than 18 per cent over the past year.
One of the major contributors to this property boom in the Trans-Tasman nation has been…
