Search Results for: rental crisis
-
INDUSTRY NEWS
Domain: The rental crisis could reach a turning point in 2024
Embattled renters could be in for some relief ahead with an expert predicting that the rental crisis could be reaching a turning point.
Read More » -
Elite Agent
We need to be careful with negative gearing in a rental crisis
Private investors, or 'mum and dad' investors, provide most rental properties in Australia.
Read More » -
INDUSTRY NEWS
NSW vacancy rates ease as the rental crisis continues
In a small win for New South Wales renters, residential vacancy rates have eased in some areas, however, there is likely more pain ahead for tenants according to the industry.
Read More » -
INDUSTRY NEWS
Regional areas emerge as sanctuaries from the rental crisis
The rental crisis continues to put renters under extreme pressure, however, new research has found a number of regional areas are emerging as “sanctuaries” for renters in search of relief.
Read More » -
NEWS
Queensland rental crisis: vacancies dip, social housing queue soars
Queensland’s vacancy rate has continued to fall, while the state’s social housing waiting list has climbed to 43,000.
Read More » -
INDUSTRY NEWS
Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
Read More » -
NEWS
Perth and Adelaide tenants battle skyrocketing enquiry rates amid rental crisis
Tenants in Perth and Adelaide are facing increasingly tough rental conditions, with super low vacancy rates sending enquiry levels on properties in many suburbs soaring.
Read More » -
INDUSTRY NEWS
Restricting short-stay accommodation won’t ease the WA rental crisis
Short-stay accommodation in Western Australia has increased 16.2 per cent in the past 12 months, however, adding restrictions won’t help ease the rental crisis according to the industry.
Read More » -
INDUSTRY NEWS
Short-stay accommodation increase contributing to the rental crisis
A sharp increase in the number of homes being put up as short-term accommodation is adding to the ongoing rental crisis according to the Real Estate Institute of Australia (REIA).
Read More » -
INDUSTRY NEWS
REIA calls for more to be done to help ease rental crisis
The Real Estate Institute of Australia (REIA) is calling for an all-encompassing approach to deliver more homes and better conditions for renters to help ease the current rental crisis.
Read More » -
INDUSTRY NEWS
REA Group identifies ways to ease the NSW rental crisis
Unlocking housing supply, including improved use of existing properties and streamlined government planning processes to boost fast and effective development, are among the key recommendations from REA Group to solve the rental crisis in NSW.
Read More » -
OPINION
Jo-Anne Oliveri: Solving the rental crisis
Australia is currently facing an unprecedented rental crisis. So, how do we solve it?
Read More » -
INDUSTRY NEWS
Real estate experts call for action against rental crisis
Real estate experts have called on property managers, agency owners and investors to make a serious amount of noise about the worsening rental crisis, imploring state and federal governments to ditch thoughts of rent freezes and rent caps, which they say will only make the problem worse.
Read More » -
INDUSTRY NEWS
Australia’s rental crisis persists as rents jump again
There’s still no relief in sight for struggling tenants, with rents recording a two per cent rise over the past quarter, according to PropTrack.
Read More » -
INDUSTRY NEWS
Inflation rises as RBA boss suggests sad solution to rental crisis
In a shock few experts saw coming, inflation has risen to almost 7 per cent in April, with higher petrol prices fuelling the increase.
Read More » -
INDUSTRY NEWS
Housing shortfall tipped to worsen rental crisis
Australia’s housing crisis is set to worsen, with the nation expected to experience a shortfall of 106,000 homes over the next five years.
Read More » -
INDUSTRY NEWS
Investors sell, rent bidding ban backfires, property managers leave as rental crisis rolls on
The overwhelming majority of investors are not wealthy property magnates flush with money, but cash-strapped mums and dads who are leaving the residential market because it’s just too hard, a leading property manager says.
Read More » -
INDUSTRY NEWS
Nerida Conisbee: Is corporate ownership the answer to Australia’s rental crisis?
In the US, large companies currently own five per cent of rental properties.
Read More » -
INDUSTRY NEWS
Combating Taree’s rental crisis with transitional housing
The rental crisis across Australia is reaching extreme levels, with some of the biggest shortages occurring in regional areas forcing vulnerable people into incredibly challenging situations.
Read More » -
INDUSTRY NEWS
A perfect storm: Australia’s rental crisis – part three
In part three of A perfect storm: Australia’s rental crisis we examine two more potential solutions to the issue, including how lowering the lending buffer may encourage investors to re-enter the market and how accepting offers of higher rent could fuel the rental affordability side of the crisis. You can catch up on the other parts of the story here.
Read More » -
INDUSTRY NEWS
A perfect storm: Australia’s rental crisis – part two
In part two of A perfect storm: Australia’s rental crisis we examine two potential solutions to the issue, including how a change in mindset could help bring landlords and tenants on the same page and how axing stamp duty could ease the pressure. You can catch up on the other parts of the story here. Solution: Changing the ‘us versus…
Read More » -
INDUSTRY NEWS
A perfect storm: Australia’s rental crisis – part one
Australia is in the grip of a housing crisis. More specifically, a rental crisis. Vacancy rates are at record lows, weekly rents are skyrocketing and there’s simply not enough houses to go around.
Read More » -
INDUSTRY NEWS
REINSW calls on NSW Government to stop the rental crisis blame game
The Real Estate Institute of NSW has hit out at the State Government’s implication that property managers and landlords are to blame for the state’s rental crisis, following news this week that the practice of ‘rent bidding’ was being investigated.
Read More » -
INDUSTRY NEWS
Brisbane’s rental crisis putting vulnerable renters at risk
The rental crisis in Brisbane is leaving many vulnerable and low-income earners at risk of homelessness according to an expert.
Read More » -
INDUSTRY NEWS
Nerida Conisbee: rent control isn’t the answer to the rental crisis
There are almost twice as many people under rental stress than those experiencing mortgage stress, with ‘stress’ defined as spending more than 30 per cent of household income on rental or mortgage payments. In the most recent Census of Population and Housing conducted in 2021, there were 915,000 households spending more than 30 per cent of their income on rental…
Read More » -
NEWS
Queensland land tax will exacerbate the state’s rental crisis
The Real Estate Institute of Queensland has called on the State Government to repeal its “illogical” land tax regime or risk worsening the rental crisis and stymying investment in the state.
Read More » -
INDUSTRY NEWS
New building and construction solutions needed to address rental crisis
Better design, improved construction practices and new rental models could alleviate the risk of rental stress according to urban research experts.
Read More » -
OPINION
Are we in a rental crisis or not?
Last week, June inflation came in at an eye watering 6.1 per cent, driven primarily by sharp rises in fuel prices, construction costs and furniture.
Read More » -
THE ELEVATE PODCAST
Securing successful tenancies: Paul Tommasini on the rental crisis, why tenant education is key, and how the real estate industry can be part of the solution
Right now, the rental market is perhaps the toughest it has ever been and that’s applying pressure to tenants and property managers in equal measure. Every property attracts multiple applications, and if an application is not up to par or a prospective tenant can’t showcase the right skills, their application isn’t even making the pile for consideration. For the property…
Read More » -
OPINION
Brock Fisher: The rental crisis – what are governments doing about supply?
Trying to find a rental property is probably as tough as I have ever seen it in 25 years.
Read More » -
INDUSTRY NEWS
What’s making news: Ryan Serhant, indoor plants, Luxe Listings and the rental crisis
There's never a dull moment when it comes to real estate. And with so much happening it can be easy to miss a great news story, an in-depth podcast or the latest in industry trends. That's why, each quarter we're going to bring you a compendium of some of the best read, watched and listed to content from Elite Agent.
Read More » -
INDUSTRY NEWS
Australia entering a GFC-style rental crisis
Australia is on the cusp of a GFC-style rental crisis with more pain ahead for renters according to a leading expert.
Read More » -
INDUSTRY NEWS
The Australian suburbs facing a rental crisis
South Australia, NSW, and Tasmania contain the most suburbs desperate for more rental stock with many locations now seeing zero per cent vacancy rates, according to new research.
Read More » -
Elite Agent
REIWA declares ‘rental crisis’ as Perth vacancy rate hits 13-year low
Perth's residential vacancy rate has fallen to 0.96 per cent, the lowest it has been in 13 years.
Read More » -
NEWS
WA’s social housing plan to alleviate rental crisis
A ten-year plan to create 2,600 affordable houses across Western Australia will hopefully ease the "rental crisis" that the state looks likely to experience.
Read More »