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2 weeks ago
Despite severe rental shortages, landlords are struggling to increase rents due to tenants hitting their affordability limit. New data shows rent is flatlining …
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7 Comments
Awesome news - all the pseudo-commentators saying rent would go up 😅
Im not sure where Borwal is but it must be super exclusive.
I was searching for a rental recently in Sydney and most of the places have emailed multiple times and dropped their prices significantly - I also offered well below asking when I was the only person at an inspection and was accepted.<br><br>Looks like landlords have overplayed their hand and renters aren’t biting the gouging prices - love to see it.
In my area, i saw 4 houses go on the market. The new owners can not pay the mortgages. They are back on the market.
Is Nicola going to talk about the massive homeless encampments?
Hasn't stopped my landlord from pumping up the rent and profiting from the vulnerable. Thanks Labor! I'll remember you at the next election.
You can only pump-up rents once a year and the budget changes with CGT/NG only happened like 4 months ago, give it time people.
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