Being a renter in Australia is like competing in the Hunger Games.
After borders reopened in late 2021, temporary migrants flooded into Australia in record volumes:
As a result, rents surged and vacancy rates collapsed:
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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.
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