Thursday, November 11, 2010

Perth Housing Downturn Sees Homeowners Turn To Renting

Perth Housing Downturn Sees Homeowners Turn To Renting: "Some desperate Perth homeowners battling to sell their properties are turning to the rental market to ride out the tough times.

As the market for sales stagnates, those homeowners suffering mortgage stress and unable to offload their properties have turned to renting them out to pay the loan.

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