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The start of a new year in Canberra usually marks the peak of a frenzied rental market, with crowds flooding open homes and would-be tenants offering agents more cash to secure a property.

But it has been more than a decade since real estate

The Egyptian couple, who spent eight years renting in the emirate, are selling their two-bedroom apartment in the Jumeirah Village Circle district on the edge of Dubai for a 26% premium over the 1.7 million dirhams ($460,000) they paid for the property in March.

Habib is hoping to secure a larger property for his family of three for the same price or less.

“For many years, we’ve paid someone else’s mortgage because we were scared to

A video shared by TikTok user ‘Bnod Basnet’ shows dozens of hopeful renters lining up to inspect a two-bedroom, one-bathroom apartment in Melbourne’s inner-city suburb of Flemington on Wednesday afternoon.

Footage shows the crowd stretching from outside the apartment complex to down a footpath along the street, a number of houses away.

The prospective renter who shared the video told news.com.au they “don’t understand” how the rental crisis has reached the level it has.

He said he was among