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I'm glad you eventually saw that demand outstrips supply. Better late than never.....:D

You'd like to believe that but the fact is that there aren't enough rental properties where people want to live and work. And the situation won't change anytime soon so accept it and be prepared to buy your own place because the letter from your real restate agent with your rental increase...

Last time we didn't have large rental increases was in 2004 due to an oversupply of rentals. (Many tenants had decided to buy their own place in that year). I remember that year well. There were for lease signs almost on every street. Landlords had to lower their rent and/or offer a week...

This article is a joke. In Sydney we've increased our rents between 7 and 15% this year. Rents are a bit on the high side but are still affordable. I was looking at the rental increases of 1 IP the other day and since 2000 we've increased rents by 65%. I don't know where this guy gets his...