Bloomberg Markets :press: on Nostr: Australia's Rental Crisis Surging immigration and a shortage of housing in Australia ...
Australia's Rental Crisis
Surging immigration and a shortage of housing in Australia is driving the cost of renting to record highs. While Sydney remains the most expensive city to rent a home, the rate of increase has been steepest in the west Australian capital Perth, where even a six figure income isn’t enough to secure a home. Paul Allen has more. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-06-04/australia-s-rental-crisis?utm_source=press.coop
Surging immigration and a shortage of housing in Australia is driving the cost of renting to record highs. While Sydney remains the most expensive city to rent a home, the rate of increase has been steepest in the west Australian capital Perth, where even a six figure income isn’t enough to secure a home. Paul Allen has more. (Source: Bloomberg) #press
https://www.bloomberg.com/news/videos/2024-06-04/australia-s-rental-crisis?utm_source=press.coop