Good news for renters in sought-after suburbs
http://www.smh.com.au/national/good-news-for-renters-in-soug...Submitted by cij 50 months, 2 days, 18 hours ago
Housing 'shortage' will not result in rents going higher forever and ever.
#1 - By PeteD, 50 months, 2 days, 14 hours ago.
Thanks for posting that Ed. I don't like Jessica Irvine because she's usually a pretty useless reporter, but interesting nonetheless. Note that she quotes BIS Shrapnel at the end (haha do they have ANY credibility left?)
I particularly like this part:
So much for the "rental squeeze" that all these agents keep telling us will happen. I've been saying for a while now that renters 'will' have all the power when the landlords NEED renters just to stay financially afloat.
It's just a matter of time here...
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