SUPPLY AND
DEMAND
Generally,
if demand for accommodation outweighs supply, property prices will rise.
But if
supply outstrips demand, such as when we build too many apartment towers,
prices tend to decline.
AVAILABILITY
AND COST OF LAND
The lengthy
time taken to release new land supplies and the vast amount of taxes and
charges developers must pay to subdivide new estates have positively
contributed to housing price inflation in Australia.
RealRenta has all the tools that a property manager has but for
less than ¼ the cost of a property manager.
Join now and the cost is less than a cup of coffee a week to manage your
rental property.
RealRenta also has a free vision, so why not check it out.
Jason Gwerder
Friday, 1 September 2023