Australia is experiencing a period of very low rental vacancy rates and rising rent levels, which has led to what is widely recognised as a ‘rental crisis’. This very low vacancy rate has been sustained for most of 2022, a situation not seen in the last 20 years.
House shortages are a real problem for people in the rental industry. As the months go on, it becomes harder to secure a property, and today Paul talks about why this occurs.
Thanks for tuning in everyone! Till next time.