In its summary of Chinese residential real estate buyer activity related to Education in Australia, Juwai IQI expects student numbers to likely keep falling and vacancies to keep rising until mid-2021, reports realty.com.au (10 November 2020). "Then, we believe student numbers will climb to higher than their 2019 peak," Juwai IQI Executive Chairman Georg Chmiel said. According to Chmiel, there is still great demand as 135,000 students are enrolled and 'working from home,' overseas and could quickly return to Australia as soon as borders open. He advised investors to hang in there for another six or 12 months. "Student numbers will begin climbing again, your rents will go back up, and your investment will regain lost value," he said.
