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Australia housing prices, rents surge as supply shortage deepens

SYDNEY -- Like most seeking a place to rent in Sydney, Tanakit Phaopin is used to large queues.聽With vacancy rates hovering currently around 1.7% in聽Australia's largest city, and 1.3% nationally, rental inspections often draw dozens of aspiring tenants, whose entrances are staggered to manage the...

Xinhua News Agency
Xinhua News Agency

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