Where have all the rental properties gone?
It was only a little over two years ago that the shuttering of our international borders was seemingly going to see our rental markets flooded with empty rental properties. Sure, for a short period, inner-city unit stock in Sydney and Melbourne bore the brunt of the pandemic; but everywhere else started to experience the opposite. Rental vacancy rates had been falling for several years before the pandemic. Actually, their downward trajectory was already well entrenched before 2020. So, where have all the rental properties gone when our population has flat-lined? There is no definite answer to this question. But, it …
