Australian renters are being slugged with rent increases every 365 days on the dot as landlords respond to rate hikes and negative gearing changes, one finance expert has warned.
A financial expert has warned that renters are being forced to bear the burden of continuously rising rents as the housing crisis continues to worsen. According to Sky News, Finders financial expert Taylor Blackburn stated that renters are being scapegoated by rising interest rates, which are having a "huge" impact on already struggling renters. He said, "Landlords want the highest returns on their properties, and there is a genuine shortage of …