Caporn Young distributed an email revealing how it leased a villa in Perth ’s Tuart Hill for $70 more than the advertised $480 - which was also 25 per cent more than what its vacating tenant paid.
“The home was originally advertised at $480 per week, which was a 25 per cent increase on what the vacating tenant was paying,” it also said, before mentioning some tenants had offered “to pay up to $580 per week to secure the home”. “They’re f**king vultures,” another person responded, with others labelling the email “gross” and “disgusting”.
It boasted that within 24 hours of listing the Tuart Hill rental, it received more than 100 inquiries then showed the property to 70 groups.
Source: News Formal (newsformal.com)
Real Estate Agency Villa Perth Rental Crisis Vacancy Rate Rent Increase
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