Affordability crisis looms as regional Australian rents rise 12.5% in a year

CoreLogic reported rents rose close to 9 per cent nationally over the year, with regional increases of 12.5 per cent well ahead of the 7.5 per cent recorded across the capitals. PIPA’s Peter Koulizos attributed the shortfall to the 2017 APRA restrictions on investors and the movement of city residents into regional towns, warning that supply could not respond quickly once overseas migration resumed.