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JP Morgan: Australia’s rental crisis to worsen

January 8, 2025 - 12:30 -- Admin

Australian tenants have just endured the worst rental inflation in history, with asking rents soaring by more than 40% since the pandemic. According to Domain, median house rents soared by $220, or 51%, from $430 to $650 between December 2019 and September 2024. Median unit rents rose by $180 or 40%, over the same period,

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