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Australia experiences a rental affordability crisis with 17% rent increase in a year, leading to the lowest affordability in 17 years.
Australia faces a rental affordability crisis, with rents rising 17% in the past year, resulting in the lowest affordability in 17 years.
The combination of soaring rental prices, limited property listings, and a growing population has created the toughest rental market in decades.
Vacancy rates have dropped to a record low of 0.7%, while the lowest income renters are struggling to afford housing.
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Australia experimenta una crisis de asequibilidad del alquiler con un aumento del 17% en un año, lo que lleva a la asequibilidad más baja en 17 años.