Has the rental crisis hit a critical turning point?
The latest data paints a painful story for renters across the country \u2013 but what does it mean for the property landscape pushing forward?
Dr Nicola Powell, chief of research and economics at Domain, sits down with REB\u2019s Grace Ormsby to unpack the all-time high rents being seen across the country, and consider what it could all actually mean for real estate moving forward.
Nicola talks of a turning point in the rental market, and why that could spell better conditions for tenants the country over, while also detailing the flow-on effects of an unhealthy rental landscape to the sales side of business and property values overall.
In this episode, you will also hear:
- Why rental conditions are likely to ease over the coming 12 months.
- What\u2019s driving the changes to rental demand?
- How supply-side politics will filter through into the market.
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