Sydney, Melbourne, Brisbane rent prices plummeted amid pandemic, RBA reveals – NEWS.com.au

A massive change is sweeping Australias housing market, and whether you rent, own or invest, its going to affect you. House prices are the flashy part of the housing market, but the Reserve Bank of Australia pays very close attention to rents.
Rents are the ticking heartbeat of our housing market because they determine how much investors will earn from their portfolios. They are especially worth watching in difficult times because even when the buying market slows down dramatically, people keep…

Click here to view the original article.