Occupancy rates are extremely high above 96% in cities like Manchester, Salford, London and Birmingham, and Melbourne and Sydney, particularly as robust demand for rental housing come from both locals and immigrants alike. Source: SQM Research (AU), Zhiru Tan et al (CN), Zibel (DE), Department for Levelling Up, Housing and Communities and Ministry of Housing, Communities & Local Government (GB), Rating and Valuation Department (HK), Savills (JP), Statistics New Zealand (NZ), JLL (PH), Urban Redevelopment Authority (SG), U.S. Census Bureau (US)
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