The PROPERTY DOCTORS, Sydney Australia Novak Properties
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The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1710 - THE RENTAL CRISIS: RENTAL PAIN OR LANDLORD GAIN?
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π What's really driving rents?
π Low vacancy rates and limited housing supply continue to put pressure on rental prices.
π° While tenants have faced rising rents, landlords and homeowners have also been hit by mortgage rates increasing from 2β3% to 6β7%.
π Looking ahead, housing supply and migration will have the biggest impact on where rents go next.
ποΈ Property markets move in cycles, and policy changes around construction and immigration can take years to flow through.
π Remember, buying a property doesn't mean living there foreverβit can become an investment and give you flexibility in the future.
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