Australia is experiencing a rental crisis with the latest figures showing a residential property rental vacancy rate of 0.9% around Australia. There are even social media posts of people having to live in tents or sleep in their cars because they can’t find rental accommodation.
Cam and Renee chat to CEO of Metropole Property Strategists Michael Yardney about what’s really happening in the rental markets across the country, and what’s causing it.
Michael explains what’s ahead for the rental market in Canberra.
Take a listen:
We partner with local businesses like JW Land to provide you with information regarding real estate in Canberra.