Years of house price growth have caused a savage trickle-down effect in Australia’s rental market, leading to an unprecedented crunch. But who’s to blame for what has now become a dire situation many potential renters now find themselves in? And while high-income earners battle to buy a home, they’re being forced to rent for longer, pushing up prices and squeezing out people who are less likely to enter the housing market – competing for fewer and less affordable homes.
Australia’s rental market savage crunch
