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Why Are Vacancy Rates High?

Oct 22, 2021 | Podcasts, Wealth Coffee Chats

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A balanced market sits at around 3% vacancy rate, so the fact that the vacancy rate is 8% at the moment shows its extremely high but why? Will this end up being an issue for us as property investors? Let’s Wealth Coffee Chat!

0:00– what location has an 8% vacancy rate?

5:51– Take a look at the overall chart!

10:28– Vacancy rates under 1%!

16:32– Infrastructure won’t move

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