Inner City Living Falling Out Of Fashion Thanks to CCP Virus Pandemic

Inner City Living Falling Out Of Fashion Thanks to CCP Virus Pandemic
An aerial view of Barangaroo on April 22, 2020 in Sydney, Australia. Ryan Pierse/Getty Images
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The popularity of inner-city living is declining amidst the CCP Virus pandemic lockdowns, according to a new report from real estate advisory CoreLogic.

According to the report apartment rents in Sydney and Melbourne plunged by 5.7 percent and  7.6 percent respectively last year as COVID-19 lockdowns and border restrictions dried up the stream of tourists and overseas students and forced many renters to move out.