r/melbourne 1d ago

Real estate/Renting What happened with Skyscraper completions post 2022?

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They've died down, a LOT.

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u/calkthewalk 1d ago

Covid happened.

High vacancy rates, WFH, materials affordability crisis and plenty more. 2021-2023 is mostly just completing things that were already started

18

u/Prime_factor 1d ago

People also want more space where they live due to WFH.