The opening of the international border, bringing a resumption in migration and the return of foreign students, could put a fresh spike into housing rents, which have already surged as much as 9 per cent nationally over the past year.
Regardless of whether the rate of rental growth eases from here or takes off again, analysts, economists and the Reserve Bank have warned that higher rents are yet to be fully captured within the Consumer Price Index.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
