Why Australia’s Housing Crisis Is a Warning for the World May 18, 2024 Unipro2013main Australian News, World Economy </p> <h2>Why Australia’s Housing Crisis Is a Warning for the World</h2> <p> It’s getting harder than ever to find a home in Australia with less than 1% of rental properties available for occupancy. That’s sending rents soaring to eye-watering levels, deepening a cost-of-living crunch.</p> <p>The population growth of Greater Sydney is also exacerbating its lack of housing supply. Here’s how the housing market’s “vicious spiral” is dragging the country into a deeper crisis. Bloomberg’s Kurumi Mori reports.</p> <p>——–</p> <p>Credit to : Bloomberg Originals</p> <p> Please support our Sponsors here :
