Why rents will stay high for years
This year’s immigration intake means a city the size of Newcastle has effectively arrived looking for accommodation within the nation’s existing housing stock - and it’s the key reason rental incomes are soaring and vacancy rates are close to one per cent. Moreover, there is very little to suggest the scenario of demand greatly outweighing supply will change over the next three years.
In today’s show we cover; the very strong outlook for rental investment property, why house prices can keep rising moderately from here, rock bottom home ownership levels for younger Australians and is Hobart…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.