Advertisement
While home prices nationally are at an all-time high, it’s proving a good time to be a tenant, with rental growth anaemic across the nation.
On Monday, Core-Logic RP Data reported that rental growth across Australia’s capital cities had plummeted to zero in the year to January – “the weakest rental markets conditions ever seen”.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
Advertisement