Advertisement
With the release of the latest Cotality quarterly Rental Report, the dire state of the nation’s rental market has again been confirmed.
Nationally, the rental vacancy rate was 1.7%, remaining near all-time lows and showing less than zero progress in addressing the rental crisis since Cotality’s data from this time last year, when the vacancy rate was 1.6%.
Amidst this challenging environment, Cotality Australia Head of Research Gerard Burg noted that:
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
Advertisement