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Rents record biggest jump in 18 years

Discussion in 'Real Estate' started by Simon Hampel, 3rd Aug, 2007.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Location:
    Sydney, Australia
    Rents record biggest jump in 18 years | NEWS.com.au Business

     
  2. crc_error

    crc_error The Rule of 72

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    1st May, 2007
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    Location:
    Melbourne, VIC
    rents remained unchanged for like 5 years after countless interest rate rises, and now they make a big deal about rents catching up?

    The rents still fall short of all the rate rises landlords had to swallow over the last few years.
     
  3. Jacque

    Jacque Team InvestEd

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    Location:
    Sydney

    So true, but at least they are moving upwards- something to be thankful for :)

    I would anticipate in Sydney a faster moving rental market as well, with 6-12 mth increases not uncommon, especially in higher demand areas.