Asking rent prices fall in major cities despite low vacancy rates | ABC NEWS
Asking rent prices across major cities have dropped in major cities across the country despite a low vacancy rate below 2 per cent.
Changes to capital gains tax and negative gearing have forced investors to pull back sharply as property researchers raise concerns about the supply of housing.
Domain’s Nicola Powell says there is a disconnect between the vacancy rate and rental growth levels as renters reach their affordability limits.
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