Tenants Caught In The Python-Like Property Squeeze Have To Pay More!

Domain has released its Rental Report for March, which delivered more bad news for tenants, on top of the data I released recently which showed three quarters of those renting already have cash-flow issues. Younger families and first-generation Australians are being hit really hard, but as I discussed in my live show, other household categories are also being caught in the rental squeeze. And despite the rise in rents, some investors are selling due to poor net returns. With net overseas migration forecast to remain historically high, albeit lower than last year, Australia’s rental crisis will continue, even if vacancy […]