Residential vacancy ratios are lower now than they were 2 months ago. In Sydney, Melbourne & Brisbane residantial leasing agents will tell you that 2 months ago it was a nightmare for landlords....today demand has markedly improved and supply remains the same.
You read about this in the media fine print as you will any other item of positive news to do with property.
You will have read recently that the new immigration target for this & next year is 110,000 as opposed to the previous target for 2001 of 85,000.
That's 25,000 more migrants looking at very least for a place to rent.
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Residential vacancy ratios are lower now than they were 2 months...
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