Rents will rise until supply expands - Infometrics

Mon, 27 Jan 2020

A persistent rental shortage will see landlords keep passing on the cost of mounting regulation to tenants, according to Infometrics economist Brad Olsen.That lack of supply is being compounded by landlords passing on the cost of improving their properties to meet new healthy home standards, which Olsen said contributed to the biggest annual increase in rental prices since 2008.Those prices will keep rising for the next couple of years because of the rental shortage, Olsen said.“More people will be having to make tough decisions around their co...

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