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Very few 'For Rent' signs because most Australian cities have a rental shortage, at least in the heart of the city. I have a property in Brisbane that has been
by brc 16y ago
Very few 'For Rent' signs because most Australian cities have a rental shortage, at least in the heart of the city. I have a property in Brisbane that has been vacant for 3 weeks in the last 10 years. It is highly unusual for it to be vacant between tenancies.
The reasons are varied, but increased planning laws and high immigration means that the supply of city properties is not keeping up with demand.
And yes, home ownership is very big in Australia.