Sydney Housing Bubble
Every weekend crowds of potential tenants swarm the market searching for a place to live. We’ve known for a while that Sydney is becoming more and more expensive. Recent data proves that we’re feeling the burn with up to 37% of Sydneysider incomes dropped on rent alone.
So who will be able to live in Sydney in five years time?
We spoke to John Cunningham, President of the Real Estate Institute of NSW, to figure out just who is benefiting from the current rental market.