Australia's rental crisis tipped to get even worse | The Business | ABC News

Louis Christopher, founder of SQM Research, says capital city rents are up 20 per cent over the past 12 months and he expects the current rental vacancy rate of 0.9 per cent to get worse.
Subscribe: http://ab.co/1svxLVE

ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews

Note: In most cases, our captions are auto-generated.

#ABCNews #ABCNewsAustralia

Australia abc abc news news business news finance news economy finance louis christopher sqm research housing house prices property market housing market property prices sellers buyers rental rental market vacancy rate interest rates RBA landlords borrowers COVID coronavirus leases leasing rent rent increases builders construction borders accomodation rental crisis listings forced sale