What happens when rents hit the affordability ceiling and how does co-living stay profitable?
Answering: What happens when rents hit the affordability ceiling and how does co-living stay profitable? Estimated reading time: 10 min read When Melbourne rents hit the affordability ceiling, traditional yields compress while co-living stays profitable by splitting costs across multiple rooms, keeping each tenant’s payment well below the threshold. This works because Melbourne’s affordability ceiling…
