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During the COVID-19 pandemic, more than 500,000 temporary workers left Australian and nearly 500,000 Australian ex-patriot workers returned to the Commonwealth. With reference to economic

During the COVID-19 pandemic, more than 500,000 temporary workers left Australian and nearly 500,000 Australian ex-patriot workers returned to the Commonwealth. With reference to economic concepts, including markets and submarkets, explain why housing prices have boomed despite the migration in and out flows being approximately equal.

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