House prices always go up didn't work obviously.
Now we have rents will always go up.
House prices depend on the avaibility of credit and the growth of credit.
Rents will only go up until the average person can't afford it no more.
At least 30% of houses around where I live are under occupied in my opinion. I start by myself, do I need a 5/2 with pool as a single adult with two kids ( staying atm 60% with me ), NO.
Every third house I know could share or rent a room. Another 10-15 rent increase in perth and we are there.People will start sharing, if they like it or not.
I do give you, we have a rental shortage and rents are going up atm.
nata12
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