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Tumbling rent is a fact, a fact nobody thought possible, especially on this forum. Now it is interesting to see people (including the author of the original article) starting to try to explain it away and dismiss it - classical denial stage. Rent is tumbling because people are buying like...

It's about time to debunk those phony vacancy rates, naive population/migration arguments and the "Australia-is-different" mantra. http://www.smh.com.au/news/national/rents-tumble-in-inner-sydney/2008/12/05/1228257317698.html Jessica Irvine Economics Writer December 6, 2008 RENTS on...