Rents going through the roof
Rents continue their record-breaking price spree, notching up more than three years of uninterrupted monthly price gains.
National rents have now risen for 38 consecutive months. (Image source: Shutterstock.com)
Rents at record highs for units and houses, vacancy rates at new record lows, a shortfall of 70,000 rental properties, and no sign of things slowing down in 2023.
For the roughly one third of Australian households that are renting their home or the many more aspiring to do so, the situation has never been so parlous.
The only variable that is seemingly placing any limitation on rent rises at the moment is the sheer unaffordability of rents that…
