SiteManager replied to the topic economic downswings – how do they affect rent? in the forum Help Needed! 9 years, 2 months ago
Hi @Melbjo,
Usually in Sydney when the GFC strikes or during the Interest Rate increase, many people afraid to buy hence renting which in turns drive up the rental rate in some suburbs.
When it is like now low interest rate and easy money before APRA change on September, people tends to buy rather than rent hence the yield is…[Read more]
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