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.
Student Accommodation Council noted that rents began rising in 2020 when migration was prohibited by travel bans and the majority of students returned home.
The construction of new dwellings across Victoria has dipped 3 percent from 12 months ago and is expected to continue to decrease in the succeeding years.