Renting in Australia has become more expensive and competitive than ever. With rental prices rising and vacancies at historic lows, many Australians struggle to find stable, affordable housing. The rental crisis has been driven by a combination of market forces, government policies, and external pressures, leaving many renters feeling powerless. 

Several key factors have contributed to rising rental prices and low availability:

✅ Low Rental Supply – More people are looking for rentals than there are homes available.
✅ High Demand – Increased migration, population growth, and affordability issues with homeownership are keeping more people in the rental market.
✅ Property Investors Passing on Costs – Higher interest rates, land taxes, and council rates have led landlords to increase rents.
✅ Short-Term Rentals (e.g., Airbnb) – More properties being used for short-term accommodation reduces long-term rental availability.
✅ Lack of Social & Affordable Housing – Government and community housing options are severely limited.
✅ Negative Gearing – This tax incentive encourages investment property ownership, which some argue drives up home prices and keeps renters locked out of buying.