ABC News & Headlines – Australian Broadcasting Corporation·3 min read·medium
Australians face record high rents across all capital cities: Domain report
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Yiying Li, David Taylor✦AI Summary
A new report from Domain indicates that rental prices in Australian capital cities have reached record highs due to low supply and strong population growth. The market is currently characterized as a 'landlord's market,' with Sydney and Brisbane seeing significant quarterly rent increases.
Domain says there has been renewed acceleration in rental growth across Australia's capitals. ( ABC News: Gian De Poloni )
economysocial justice
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