The Rise of the Long-Term Renter

Australia is becoming a nation of long-term renters - but the housing system isn’t keeping up.  In this episode of Talking Property, we explore the growing disconnect between strong rental demand and the limited supply of new homes drawing on fresh research from CBRE and REA Group, (https://www.cbre.com.au/insights/repo...) and insights from the Property Council of Australia’s recent National Housing Solutions Summit.  Assemble CEO Carolyn Viney, REA Group Senior Economist Anne Flaherty and CBRE’s Pacific Head of Living Sectors Capital Markets Andrew Purdon discuss how renters are staying longer, facing greater affordability pressures, and making deeper compromises as well as the roadblocks to developing more rental housing in Australia.    From planning constraints and rising construction costs to shifting renter preferences and evolving investment strategies, the conversation examines the key “frictions” holding back supply. The episode also highlights where opportunity lies, including the growing role of build-to-rent, co-living and mixed-tenure developments in meeting demand.