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Competitive rentals keep tenants out of the market


VACANCY rates throughout the ACT have fallen below one per cent driving up rental prices, a not-for-profit real estate organisation has announced.
HomeGround Real Estate Canberra, a philanthropic agency offering property management services for rental homes, is calling on landlords to ease the squeeze for the sake of jobs and the territory’s economy. 
A looming housing affordability crisis is putting a vacuum of essential workers that last year had relocated to Canberra at grave risk after an influx of jobs remained open following the limited impact from COVID-19 in the nation’s capital.
It comes weeks after the Productivity Commission released data for its 2021 report focused on Australian government services that proves ACT residents spend the highest proportion of their incomes on rent nationally and also in three out of four socio-economic groups.  ....

Australian Capital Territory , Maria Edwards , Productivity Commission , Ground Real Estate Canberra , Homeground Real Estate Canberra , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , மரியா எட்வர்ட்ஸ் , ப்ரோடுக்டிவிடீ தரகு , தரையில் ரியல் எஸ்டேட் கான்பெரா , வீட்டு மைதானம் ரியல் எஸ்டேட் கான்பெரா ,