Rental crunch puts pollies under the pump

Rental crunch puts pollies under the pump

Rental affordability has deteriorated in the vast majority of electorates since the last federal election, posing a challenge to incumbents.

Seasonal lift in rents masks broader slowdown as affordability constraints continue to bite

National rents rose 1.7% over the March quarter, up from 0.4% in the December quarter, according to CoreLogic’s latest Quarterly Rental Review. However, this uptick is largely seasonal, with the 1.7% rise in rents over the three months to March marking the slowest Q1 growth since 2019 (1.0%) and is a full percentage point below...