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Post Time: 2025-07-18

Surging immigration and a shortage of housing in Australia is driving the cost of renting to record highs. While Sydney remains the most expensive city to rent a home, the rate of increase has been steepest in the west Australian capital Perth, where even a six figure income isn’t enough to secure a home. Paul Allen has more. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: Facebook: Instagram: Connect with Bloomberg Business on: X: Facebook: Instagram: TikTok: Reddit: LinkedIn: More from Bloomberg: Bloomberg Radio: Bloomberg Surveillance: Bloomberg Politics: Bloomberg Originals: Watch more on YouTube: Bloomberg Technology: Bloomberg Originals: Bloomberg Quicktake: Bloomberg Espanol: Bloomberg Podcasts:

Australia's Rental Crisis For Country: United States. City: Corona, Lansing, Plano, Thornton, West Valley City

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