Housing crisis: Desperate tenants are paying up to a year’s rent in advance

Tuesday March 16, 2021

If you are looking for a rental in Brisbane good luck. According to SQM Research there were just 5300 vacancies in the city in February.

Rental stocks have dropped as sale prices skyrocket

To be precise, that’s the total number of dwellings that have been on the market for three weeks or more and reflects a vacancy rate of 1.5 per cent, slightly worse than it was in January and much worse than it was this time last year when Brisbane had 7530 residential vacancies.

And don’t even think about heading interstate because Perth, Adelaide, Canberra, Darwin and…

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