Australian rents are rising at the fastest rate since the GFC – and from a higher base

https://www.theguardian.com/australia-news/2023/sep/01/australia-rental-price-rice-crisis-data?CMP=afternoonupdateau_email

Data shows annual rent increases in all major cities topped 10% last year as advocates warn low-income earners are being priced out of the market

15 points · 1 comments · view on lemmy.world

1 Comments

Taleya@aussie.zone · 4 pts · 3y

Limit monthly rental fees to no more than yearly council rates for the property. Watch the over-leveraged drop like flies