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What rental boom?

Stephen Wilmot

What rental boom?

Readers would be forgiven for thinking it's a good time to be a landlord. Newspapers have coined the phrase "generation rent" to describe a cohort of would-be first-time-buyers who are trapped in the rental market by high deposit requirements. New supply is as tight as ever, with housing starts sharply down in the first quarter. As a result, rents have been rising steadily in most areas of the country.

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