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AAP
AAP
Politics
Poppy Johnston

Renters hit affordability limit as pace of growth eases

A shortage of rental properties and migration levels have seen tenants stretched. (Lukas Coch/AAP PHOTOS)

Rents are still going up but are starting to find a ceiling as tenant budgets can be stretched no further. 

National rents as tracked by property data firm CoreLogic lifted 1.6 per cent in the three months to September, down from a 2.2 per cent jump in the June quarter.

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