Interstate investors swarm NT homes, shutting out local buyers and raising rent prices | ABC NEWS

Interstate investors are increasingly turning to the NT to snap up some of the country's most affordable homes, which is driving competition and leading to higher rental costs.

Real estate experts say some first home buyers are missing out because they are competing with investors for the same properties, which landlords then renovate and rent out for a higher price. By Roxanne Fitzgerald for ABC News Northern Territory.

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Видео Interstate investors swarm NT homes, shutting out local buyers and raising rent prices | ABC NEWS канала ABC News (Australia)