No end to rental crisis as costs continue to soar
The rental crisis shows no signs of abating, with national unit rents increasing 3.9 per cent over the quarter, while house rents recorded a 2.0 per cent rise.
As inflation eats into household budgets, rising rents are also making life increasingly difficult for millions of households. (Image source: Shutterstock.com)
The rental crisis continues to unfold across the country, with millions of households confronting even higher accommodation costs.
The pace of growth across Australia’s rental market reaccelerated over the March quarter, with rents up 2.5 per cent, compared to a 2.0 per cent lift over the three months to December.
Sydney is the most expensive capital city rental market across both property types for the second quarter in a row, with the typical…
