Is Renting Getting More Popular Than Owning Properties? If you look at the current statistics in Australia, you’ll find that more than 30% of the population is living in rented properties. Knowing the fact that this trend is only going to get more popular during the next few years, you can easily say that renting has become the new owning. This abovementioned statistic is from the Australian census, proving that since 1991 the rental population in the country has increased from 26.9% to 30.9%. And on the other hand, the home ownership has dropped from 68.6% to 65.5%. The Advantages …
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