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Rents surge to record highs in four capital cities

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Australian Broker | 15 Jan 2016, 07:00 AM Agree 0
The cost of renting has hit record highs in four Australian capital cities with no sign of a slowdown in sight for 2016
  • Rocket Scientist | 15 Jan 2016, 09:45 AM Agree 0
    Congratulations to APRA. Killing off the investment borrowing in states that didn't have a problem, has indeed created a problem - and now renters will pay the price, & home ownership for potential owner occupiers will become even more distant, as they will struggle even more to pay rent increases whilst trying to save a deposit.
    There's a reason governments have historically tried to keep out of the private enterprise market......because they have no idea, and usually make things worse.
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