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Reasons why it’s hard to find a rental property in Victoria

There could be various reasons why it’s hard to find a rental property in Victoria. One of the main reasons could be the limited supply of available rental properties. Victoria has a high demand for rental housing due to its growing population and the attraction of the city as a desirable place to live. This demand can cause rental prices to increase, which can make it more difficult to find an affordable rental.
Another reason could be the strict rental regulations put in place by the government that can make it harder for landlords to rent out their properties. Additionally, many property owners opt to use their properties for short-term rentals such as Airbnb, which causes a reduction in long-term rental supply.
Lastly, the current COVID-19 pandemic has caused many renters to delay moving or seek more affordable rental options, which makes the rental market more competitive.
Overall, it’s essential to be patient and persistent when searching for a rental property in Victoria. Consider working with a reputable rental agent, start your search early, and be prepared to pay a fair rental price to secure a suitable property.