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1.Market Observations, 8.Was Sticky

23 Nov 2016 (TheAge) – Rents: bad and getting worse in Melbourne, says latest affordability index

(23 November 2016, The Age, BusinessDay, p24, Clay Lucas)

‘The cost of renting a home in Melbourne is rapidly becoming even less affordable, according to an index of property rental prices to be released on Wednesday. While Sydney is the country’s least affordable place to rent, Melbourne has seen the biggest increase in prices since 2013, the Rental Affordability Index shows.’

Read more at TheAge.com.au

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