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Australia confronts decade-long rental crisis

October 8, 2024 - 00:10 -- Admin

The world’s largest commercial real estate group, CBRE, released its Apartment vacancy and rent outlook for Australia, projecting that the rental crisis will last until at least the end of the decade. CBRE expects that median Australian rents will grow by 25% between 2024 and 2029, well above projected CPI inflation. CBRE also projects that

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