New figures show rental prices aren't rising as fast as the costs of owning a property
New figures show rental prices aren't rising as fast as the costs of owning a property
19 September 2018
CoreLogic stats show between 2003 and 2017, costs to landlords rose five percent a year, and weekly rents rose ... 4.4 percent.
Property Investors Federation executive officer Andrew King says landlords generally put rents up about the same rate as inflation and incomes.
He says rent prices haven't risen faster, because tenants can only afford what they can afford - and landlords respect that.
King says recent government cash boosts to poorer families, haven't been eaten up by greedy owners.
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