What do they eat? Yes rents are up due lo short supply and huge increases in ownership cost such as insurance, council rates, water supply, maintenance all being much higher than the rate of inflation so up go rents. Look at actual returns which are often below deposit rates as well as builders failing due to supply shortages, labour costs, .....What are you recommending we do about that to reduce costs and increase supply when governments at all levels can't survive on a balanced budget. places like VIC need to slash spending on wasted projects and infrastructure to shift workers into construction of housing a# a priority. Time we all stopped expecting govt to provide and get back to doing real work. Smash smoking, drug use and reduce the school leaving age so that it will release students who hate school to join the workforce and be productive. Stop taking migrant refugees and aloe only qualified and industrious immigrants into the country who want to build a better Australia instead of those seeking handouts and a no work attitude.
