International Students Should Not Be Blamed for Property Crisis: Report

Student Accommodation Council noted that rents began rising in 2020 when migration was prohibited by travel bans and the majority of students returned home.
International Students Should Not Be Blamed for Property Crisis: Report
This photo shows a man using a laptop computer on a street in the central business district of Sydney, Australia, on Nov. 5, 2018. Peter Parks/AFP via Getty Images
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Group of Eight (Go8), Australia’s most research-intensive universities, said that the public should stop blaming international students for the nation’s property crisis, which is a reflection of supply-side problems including underinvestment and government regulation.

“International education is one of Australia’s greatest export success stories and is critical to our future prosperity. Australia is in a global race for top international students who go on to earn advanced qualifications and help Australia’s drive to become a knowledge economy,” Go8 CEO Vicki Thomson said.

Celene Ignacio
Celene Ignacio
Author
Celene Ignacio is a reporter based in Sydney, Australia. She previously worked as a reporter for S&P Global, BusinessWorld Philippines, and The Manila Times.
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