AUSTRALIAN RENTAL COSTS EASING FOR SOME ‘MAXED OUT’ TENANTS EVEN AS PROPERTY PRICES EDGE UP
https://i.guim.co.uk/img/media/631cdd9e2efa637e9d8a09235ed4e7a1e72cc0f0/523_0_4333_3467/master/4333.jpg?width=140&quality=85&auto=format&fit=max&s=69b73ba3175ca810aa2ba68f367e180c
✍️ Some city suburbs are experiencing a lull in rents, despite record-high property prices, as cash-strapped tenants curb landlords' ability to raise rents.
👉 Rents are at record highs in most state capital cities 👉 The pace of rent increases has slowed, stalled, or reversed in most city suburbs 👉 Cost of living pressures have reached a tipping point 👉 Renters are downsizing or choosing units to stretch their budgets 👉 Unit rents are now rising faster than houses
-- #NicolaPowell #ChrisMartin #SamSaket #Australia #Sydney #Melbourne #Perth #Enmore #Forestville #SouthHurstville #Edgecliff #BondiJunction #Cammeray #IvanhoeEast #Beaumaris #GlenIris #CityBeach #MosmanPark #world
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