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Rental markets are still strong for landlords. Too many people wanting a place to live, and not enough stock to fulfil the demands. The local governments are sp
by ajtaylor 14y ago
Rental markets are still strong for landlords. Too many people wanting a place to live, and not enough stock to fulfil the demands. The local governments are speeding up the permit process, but it's going to take a long time to catch up. Plus public transit isn't the greatest, especially in the high growth areas (Inner West and further out). The politicians are not looking long-term and thus screwing the people closest to Sydney out of an easier commute.
Luckily I don't work in the Sydney CBD, so my commute is pretty easy. :)