A new report shows a spike in house prices has changed the profile of the average renter. In Victoria alone families now rent 42% of the states privately leased homes. The report also shows a typical lease in Australia lasts from six to twelve months compared to two or three years in Asia and Europe. Does you think expensive houses have forced families into the rental market? Do you think changes should be made to allow for longer tenancies?
Posted on: Tue, 19 Aug 2014 20:44:31 +0000