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Australian rental costs easing for some ‘maxed out’ tenants even as property prices edge up

While rents are at record highs in most state capital cities, the pace of increases in most city suburbs has slowedGet our breaking news email, free app or daily news podcastSome city suburbs are recording a lull in rents even as property prices take off again, as cash-strapped tenants curb landlords’ ability to push rents higher.While rents are at record highs in most state capital cities, the pace of increases in most city suburbs has slowed, stalled, and in some cases reversed, according to a new report by property portal Domain.Sign up for Guardian Australia’s breaking news email Continue reading...

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