Renters Are On The Rack With No Place To Go...

Of the 10 million or so households in Australia, more than 3.1 million are renting, compared with 4.1 million with a mortgaged property and 3 million households owning their property outright, according to my latest surveys. Over time we are monitoring a consistent fall in the proportion of households owning outright, a rise in the proportion with a mortgaged property, but the strongest rise is in the rental sector. More Australians, both in number and percentage are living in the rental sector. So what is happening in this sector of the market is critically important, even though much of the MSM […]