Tenants, landlords clamour for share houses in worsening rental crisis
Australia's rental crisis is driving more people into share house arrangements, as hundreds of people seek non-existent spare rooms and rents continue to soar and outpace rental yield growth.
Rent rises have more than tripled the pace of capital city rent yield rises over the past 12 months, driving more people to look for share house arrangements. (Image source: Shutterstock.com)
The worsening rental crisis is driving more people into share house arrangements, while more than a quarter of Aussie tenants are running scared from their landlords.
At least ten suburbs around Australia have hundreds of people seeking a spare when literally none are available.
New data from Flatmates.com.au has revealed demand for share accommodation is heating up early ahead of the summer peak season.
The site recorded an 11.2 per cent incr…
