‘Landlord’s market’: Finding a rental in Australia is a ‘needle in a haystack’

📆 03/06/2023 05:05:00
📰 SkyNewsAust

⏱ Reading Time:
6 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The rental crisis in Australia remains a “landlord’s market” as finding an empty lease in the capital cities is like looking for a needle in a haystack, says Domain Chief of Research and Economics Nicola Powell.

“When you look at our cities like Sydney and Melbourne – to get them into a balanced market we would

need to see today between 5,000 and 10,000 additional rentals being added,” Ms Powell told Sky News Australia.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines