Via Domain:
Landlords are slashing rents by hundreds of dollars a week and some are even temporarily cutting asking prices in half, in a bid to get tenants through the door as demand slows amid the coronavirus pandemic.
Offers for two weeks’ free rent, seen during the market downturn, are marking a rapid return in Sydney – not only in areas with lots of new apartments, but citywide. Other properties are being advertised with significantly reduced rents for periods ranging from one to six months.