Video of MAMMOTH queue shows dire state of Perth market

Video of MAMMOTH queue shows dire state of Perth market

A viral TikTook video has highlighted the dire state of Perth’s rental market as greater than 100 determined tenants lined a road in Bentley to view a list final weekend.

The video, captioned “Condition of Perth right now OMG” and uploaded by person JackAjay has amassed greater than 90,000 views because it was posted on Tuesday.

The TikTook creator, who filmed an enormous queue of hopeful tenants snaking all the best way down Davies Lane in Bentley from his automotive, admitted within the remark part of his publish that he didn’t hassle to view the two-bedroom, one-bathroom condominium after exhibiting up late.

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It comes as Real Estate Institute of WA knowledge revealed the Perth rental emptiness charge plunged to its lowest degree since data started in December, at simply 0.6 per cent.

Despite a slight uptick in rental listings in January, REIWA chief government Cath Hart predicted the market would probably tighten additional with the announcement that Chinese college students had been required to return to face-to-face research at abroad campuses.

The property in Bentley attracting massive lines.
Camera IconThe property in Bentley attracting huge strains. Credit: REIWA /equipped

Viewers had been shocked to see the extent of Perth’s rental disaster laid naked within the video.

“It’s so hard out there right now. People offering more to secure rentals. Happened to me so many times,” one viewer commented.

“That’s all due to our wonderful government,” one other added.

For extra on this story, and WA’s rental market go to The West Australian.

Source: www.perthnow.com.au