Section 1: Problems and Discussions 1. Question 1: In October 2018, The Sydney Morning Herald published an article stating that: "New migrants will be forced to live outside Sydney and Melbourne for up to five years under a federal government plan to ease congestion in the nation's most populous cities. Migrants will be granted restricted visas to counter growth in those cities, which has outstripped forecasts by 100 per cent in the past decade, Population and Urban Infrastructure Minister Alan Tudge said". a. What is likely to happen in the property market in Melbourne and Sydney when this policy becomes effective, assume that the supply of new housing is maintained at the same rate as the past decade?Section 1: Problems and Discussions 1. Question 1: In October 2018, The Sydney Morning Herald published an article stating that: "New migrants will be forced to live outside Sydney and Melbourne for up to five years under a federal government plan to ease congestion in the nation's most populous cities. Migrants will be granted restricted visas to counter growth in those cities, which has outstripped forecasts by 100 per cent in the past decade, Population and Urban Infrastructure Minister Alan Tudge said". a. What is likely to happen in the property market in Melbourne and Sydney when this policy becomes effective, assume that the supply of new housing is maintained at the same rate as the past decade