What the Reserve 銀行利子 率 call means for RENTERS: 専門家 lays out what the first 引き上げ(る) in 11 years will mean for millions of Aussies

  • With Tuesday's 率 rise likely to be followed by many more, rents will go up
  • Only those who have a 直す/買収する,八百長をするd 賃貸し(する) will be able to 避ける an 即座の rent rise?
  • RBA 引き上げ(る)d the cash 率 for the first in almost 12 years to 0.35 per cent?

Landlords are going to pass the 利益/興味 率 rise to tenants by 増加するing their rent, a 財政上の 専門家 told Daily Mail Australia.

SQM 研究 managing director Louis Christopher said 'it doesn't 事柄 how nice the landlord is, or has been in the past',?homeowners still 支払う/賃金ing off their 所有物/資産/財産 will need to recuperate the extra costs from somewhere when mortgages rise.

That's because the?Reserve Bank of Australia 引き上げ(る)d the cash 率 for the first in 11 years on Tuesday to 0.35 per cent in 返答 to last week's shock インフレーション data which saw the cost of living shoot up 5.1 per cent.

Landlords are going to pass on Tuesday's interest rate rise to tenants by increasing their rent, a financial expert told Daily Mail Australia (stock image)

Landlords are going to pass on Tuesday's 利益/興味 率 rise to tenants by 増加するing their rent, a 財政上の 専門家 told Daily Mail Australia (在庫/株 image)?

'What is likely to happen given how tight the 賃貸しの market is 権利 now is that landlords will probably pass on the 率 rise,' Mr Christopher said.

But he 追加するd it's 違法な for any 増加する to occur before the end of a renters 賃貸し(する) period.

'If a tenant is on a 12-month 賃貸し(する), the landlord can't just suddenly turn around and say "the 賃貸し(する) is over now, we're going to jack up the rent."

'However, many tenants are on month-by-month 賃貸し(する)s. They've done their 12 months and then it 逆戻りするs to a month-by-month 賃貸し(する).'

The 専門家 said if the 賃貸しの market wasn't so tight - with just a 1 per cent vacancy 率 全国的な - landlords might not find it so 平易な to pass on 率 rises.?

'In a looser 賃貸しの market tenants would have the upper 手渡す and be able to say "井戸/弁護士席, we're leaving, we're going to find somewhere else".

'But of course, we've got a very tight 賃貸しの market now. I think this rise will be passed on, more often than not.'

SQM Research managing director Louis Christopher (pictured) warns rents are set to rise

SQM 研究 managing director Louis Christopher (pictured) 警告するs rents are 始める,決める to rise

経済学者s are 予報するing there will be 率 rises every month between now and Christmas as the RBA tries to reel in spiraling インフレーション.

追加するing the woes of renters is the increas ing return of?international students in the wake of the Covid pandemic.

'Rents have been tight since last year ... We've 公式に got a 賃貸しの 危機 on our 手渡すs,' Mr Christopher?said.

'(But) there is 証拠 that students who have come into the country have made 条件s tighter in CBD 場所s.?

'Since (the students (機の)カム 支援する) 賃貸しの vacancies in inner city 場所s have 強化するd to 井戸/弁護士席 below 普通の/平均(する).'

Only those on a fixed lease will able to avoid an immediate rent rise as the tight marker leaves renters with little power. Pictured: Melbourne residents at a property viewing

Only those on a 直す/買収する,八百長をするd 賃貸し(する) will able to 避ける an 即座の rent rise as the tight marker leaves renters with little 力/強力にする. Pictured: Melbourne 居住(者)s at a 所有物/資産/財産 見解(をとる)ing

House rent rises in Australia's 資本/首都 cities during the past year?

SYDNEY: Up 17.1 per cent to $766.70 a week

MELBOURNE: Up 6.5 per cent to $547.10 a week

BRISBANE: Up 19.5 per cent to $570.80 a week

PERTH: Up 13.7 per cent to $575.70 a week

ADELAIDE: Up 15.6 per cent to $494.40 a week

CANBERRA: Up 16.4 per cent to $768.30 a week

DARWIN: Up 4.7 per cent to $611.10 a week

HOBART: Up 4.5 per cent to $511 a week

Source: SQM 研究 median 週刊誌 house rents data showing 年次の 増加するs in the year to March 2022

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