Question
Figure 1. Australia's vacancy rate and change in asking rent in August 2022. Referring to Figure 1 above, select the appropriate answer(s) to represent the
Figure 1. Australia's vacancy rate and change in asking rent in August 2022.
Referring to Figure 1 above, select the appropriate answer(s) to represent the national residential situation in Australia.
Group of answer choices
Unfavourable rental market regulations had discouraged landlords from residential investment.
The rising asking rents in August 2022 indicates that Australia is experiencing rental crises.
The new demand curve for rental properties shift to the right.
The new supply curve of rental properties shifts to the right.
Imposing rent control is probably the best solution to curb this housing shortage crisis.
The rising interest rates are partly blamed for the national residential situation.
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