The rental shortage is set to linger as the national vacancy rate in July dropped to 1.3%. It is forecasted by SQM Research that this is unlikely to change anytime soon.
The rental shortage is likely due to 2 major factors:
A rapid increase in population.
Fewer new homes are completed in 2023 compared to 2022.
SQM managing director Louis Christopher said. “Australia currently has...
Read More
Read More