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The Guardian - AU

Comment

Cameron Murray

Why do we have such low rental vacancy? It doesn’t mean a shortage of houses

United States Unemployment Twitter Inc.

A for lease sign is displayed in front of a house in Sydney — ‘One interesting pattern I’ve noticed is that higher turnover in rental markets is associated with falling rents. Yet in housing asset markets, higher turnover is associated with rising prices.’ Photograph: Paul Miller/AAP

When the number of rental advertisements falls we often hear that rental “vacancy” is low, indicating a “shortage” of housing.

But this story confuses a number of concepts.

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Roll Call on the Road: Courting the Carolinas

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Top stories on inkl right now

Minnesota teen accused of plotting terror attack at Mall of America to remain jailed

A federal judge has ruled that a teen accused of planning a terror attack on the Mall of America in Minnesota will remain in custody

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"The Court Requires Me to Warn You That I Pose a Risk of Stalking and Harassment to Intimate Partners"

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Pregame show involving Air Force commandos at Texas football game ends in deadly accident as fans look on in horror

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We Got This Covered

Mississippi attorney general rules fatal police shooting of one-year-old as ‘justified’

Officers responding to an alleged shoplifting call fired into the vehicle of Vellesiya Wiley, killing her son, Kohen

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Roll Call on the Road: Courting the Carolinas

Roll Call

Italy to dispatch 500 troops to 'defend Milan' after protests and looting

Luxury stores on Milan's Via Montenapoleone cleared their windows and shut early, bracing for a return of the violence that hit the city over the weekend

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