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Rent Soars Across Australia | Brisbane News
Description
Rent prices across Australia’s capital cities are soaring at their fastest pace in nearly two years, with Sydney leading the charge and Darwin now the second most expensive rental market. Renters are being squeezed, forced into shared living arrangements and struggling to balance work, study, and basic needs. With vacancy rates at a record low under one percent and housing supply failing to keep up, experts warn the crisis will persist unless bold new policies and economic shifts intervene.
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