4 ms·

Bleak is the word you’re looking for. The trajectory of the rental market in AU is beyond terrifying: https://www.rba.gov.au/publications/bulletin/2023/jun/new-

• TheHappyOddish 3y ago
  It's one of many factors around inflation that are not good for Australian households. Unfortunately nobody seems interested in real wage growth to compensate.
  • SOLAR_FIELDS 3y ago
    Is Sydney still the literal most expensive place to live in the world in terms of housing price? I remember it gained that unfortunate crown years ago, am not sure if it’s still the case
    • technion 3y ago
      It would surprise me if it wasn't given my massive increases in rent paid, and absurd increase in advertised selling prices on basically everything.
    • firecall 3y ago
      Depends on who you ask I think. It’s still up there. Melbourne is giving it a good run for its money, and will soon overtake Sydney in population size. Australian cities are confidently and regularly in the most liveable and most expensive cities in the world.