Rental price growth slows from unprecedented highs as tenants hit ‘affordability ceiling’
by Caitlin Cassidy from World news | The Guardian on (#65CH2)
Experts say Australia is definitely still in a rental crisis' but there is only so much people can pay
Twelve months ago, during the height of rental market demand, Carley Eder was issuing lease renewals with price increases of up to $80 a week. Now, her clients will be lucky to have tenants approve $25.
The market has definitely shifted," the Central Coast rentals principal said.
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