🇦🇺 Australia 1d ago · Tory Shepherd

Will rents rise by 30%? We don’t know, but the number of stories about rents rising definitely did | Weekly Beast

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Will rents rise by 30%? We don’t know, but the number of stories about rents rising definitely did | Weekly Beast
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Some publications seized on modelling about returns to property investors, despite unequivocal denials they were forecasts of rent rises. Plus: what happened at the Ekka?Brace yourself, The Australian warned on Tuesday, citing a note from the National Australia Bank to its clients: “Rents are projected to soar by as much as 30% over the next two years to compensate many landlords for the loss of property tax concessions” in the budget, its story said.Hold on, NAB said. That was “one possible sce

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