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‘Population shock’ behind Australia’s rental crisis

April 15, 2024 - 00:05 -- Admin

CBA economist, Harry Ottley, has published a terrific statistical report on Australia’s rental market, which unambiguously shows that the unprecedented surge in net overseas migration after the international border was reopened in late 2021 is behind the collapse in the rental vacancy rate and the hyperinflation in rents. The surge in rents would have been

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