Renters the forgotten market amid rate rise concerns
The Reserve Bank of Australia’s bigger-than-expected interest rate rise has sent a shiver down the spine of mortgage holders everywhere, including more than a few landlords.
But higher interest rates are only one of many factors pushing Sydney rents to all time highs, as Policy and Advocacy Manager at the NSW Tenants’ Union, Jemima Mowbray, explained to Oscar Byrne.