Inflation And Tight Housing Market Push Australians Into Rental Crisis

SYDNEY, AUSTRALIA - NOVEMBER 15: A sign reading 'For Lease' is seen in the China Town district on November 15, 2023 in Sydney, Australia. The Reserve Bank of Australia raised its key benchmark rate last week, as inflation continues to hobble a strong economic recovery. The higher rates, in addition to low housing stock, had led many into a situation of housing stress in both the rental and owner-occupier markets. (Photo by Lisa Maree Williams/Getty Images)
SYDNEY, AUSTRALIA - NOVEMBER 15: A sign reading 'For Lease' is seen in the China Town district on November 15, 2023 in Sydney, Australia. The Reserve Bank of Australia raised its key benchmark rate last week, as inflation continues to hobble a strong economic recovery. The higher rates, in addition to low housing stock, had led many into a situation of housing stress in both the rental and owner-occupier markets. (Photo by Lisa Maree Williams/Getty Images)
Inflation And Tight Housing Market Push Australians Into Rental Crisis
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