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AAP
AAP
Business
Poppy Johnston

YOU WONT BELIEVE: Wear and tear keeps rents lower over time report - You Need To See This

On average rental properties were 3.6 per cent cheaper as they aged over a decade, research showed. (Lukas Coch/AAP PHOTOS)

Tired curtains, dated carpet, scuffed walls - these are sorts of features many tenants will tolerate to save on rent.

Challenging the view new market rate housing does little to improve housing affordability, e61 Institute research finds existing private rentals become cheaper when there's a decent supply of new homes coming onto the market.

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