Published on 28/10/2020
The COVID-19 pandemic in 2020 has had a devastating impact on the Australian economy and the day-to-day life of many Australians. The National Housing Finance and Investment Corporation (NHFIC) and the Community
Housing Industry Association (CHIA) jointly interviewed representatives of 30 Community Housing Providers (CHPs) between June and August 2020 about COVID-19 and its impact on their operations.
The interviews involved discussions around the immediate and longer-term effects of COVID-19 on Australia’s social and affordable housing sector, and how it has responded to challenges presented by the pandemic. This research aims to assess the pandemic’s immediate and longer-term impacts, including how different cohorts of tenants have been affected and how the sector has responded.
This research report by NHFIC - COVID-19: Australia's population and housing demand – found that the global pandemic could cut underlying dwelling demand in Australia by between 129,000 and 232,000 from 2020 to 2023, mainly due to the downturn in net overseas migration (NOM). International border closures have effectively shut down NOM, which has accounted for 59 per cent of population growth since 2007.
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