Real Estate - 195News originally published at Real Estate - 195News

There’s a shortage of rental properties available, both houses and apartments, with intense competition for the limited supply driving up rentals around Australia.

And there’s no relief in sight.

And to make things worse, many of the apartment complexes on the drawing board will not get out of the ground as they are now unprofitable due to steep cost and price increases, and interest rate hikes at a time our housing markets are entering a correction phase.

So while it’s a bleak time for tenants, property investors can look forward to rising rental returns.

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Real Estate - 195News originally published at Real Estate - 195News