rents fall well behind home price surge

Rents fall well behind home price surge

Rents are continuing to fall further behind a surge in home prices, leading to concerns that investors are mostly gambling on potential capital gains.

https://au.finance.yahoo.com/news/rents-fall-well-behind-home-040722859.html

So Australians are betting with record high leverage (as measured by household debt to income levels) on houses at record high prices with yields (rental returns) on the slide. This is a speculative bubble coming to an inglorious end.