> Allowing 100% remote work makes it possible to move to smaller towns/cities, which are not prepared for the extra intake.
Wow. This is the opposite of the US where most small towns have depressed real estate values and negative growth rates. What is Australia doing differently?
We're not doing anything differently. Regional and rural property prices are dropping relative to state capitals now.
During COVID some people left the biggest cities to live somewhere without lockdowns. This was a fairly small number in absolute terms but it pushed prices up in specific desirable local market and really stretched services. That's slowly reversing now.
Wow. This is the opposite of the US where most small towns have depressed real estate values and negative growth rates. What is Australia doing differently?