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The Guardian - AU
The Guardian - AU
World
Josh Nicholas

Rent is skyrocketing in Australia. Is Airbnb responsible for driving up prices?

Homes are seen at a new housing estate in Queensland
Data shows no overall correlation between Airbnb density and Australia’s high rent increases. Photograph: Darren England/AAP

Rental prices in many parts of Australia are growing 10% or even 20% year on year, leaving people in parts of the country struggling to find housing, especially in regions hit by natural disasters.

This has in turn led to questions over the almost 1m dwellings vacant on census night around Australia, and the role of short-term rentals in driving up rents, such as those leased on platforms like Airbnb.

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