Oz Blog News Commentary

Australia headed for rental market calamity

May 24, 2022 - 14:00 -- Admin

CoreLogic’s latest housing affordability report showed that the proportion of household income required to meet rental costs has surged over the pandemic, led by Australia’s regions: Another report from CoreLogic, released yesterday, showed that unit vacancy rates are plummeting, in part due to “increased rental demand thanks to the return of overseas migration”: Rent values

The post Australia headed for rental market calamity appeared first on MacroBusiness.

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