In our major capital cities, new arrivals email list almost invariably rent dwellings until they are established and any reduction has an immediate negative impact on rentals for the email list homes they prefer - cheaper, older houses and units in the middle distance older, well established suburban centres and corridors of our major cities email list. These tend to be located close to transport, facilities and employment in ethnically friendly enclaves and in recent years have email list produced some of the highest rental yields of our capital city markets.
Especially in Sydney, Melbourne and email list Adelaide. Because of their strong dependence on overseas arrivals to maintain rental demand, rents email list in such areas are at risk of stalling and email list even falling if the cut in net overseas migration continues. Up to 50% of the dwellings in these migrant destination suburbs are investor owned and investors email list tend to buy in high rental yield areas.
Therefore, rent stagnation could email list lead to investor sell offs. If you have investments in such areas, it's certainly not time to panic, but definitely time to be watchful. Perhaps email list you've heard it said that you're more likely to regret the things you DIDN'T do, than you are to regret what you DID do. It's a quirk of human nature that's been validated by Cornell University research.