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Why this Australian city's rent prices are bucking the trend | ABC News
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Unlike in other capital cities around the country, rent prices in Canberra remained relatively flat during the last year.
Many attribute that to more supply of medium-density housing, which is helping give renters back some power and reduce the competitiveness in the market.
Advocates say there's still more to be done on improving conditions for renters once they've secured a place to live.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia #abcnewsact #canberra
Many attribute that to more supply of medium-density housing, which is helping give renters back some power and reduce the competitiveness in the market.
Advocates say there's still more to be done on improving conditions for renters once they've secured a place to live.
ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
Note: In most cases, our captions are auto-generated.
#ABCNews #ABCNewsAustralia #abcnewsact #canberra
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