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Australia’s housing crisis has taken a shocking turn — and Perth is now at the center of it. New reports confirm that Western Australia’s capital has hit record-high prices, record-low vacancy rates, and the fastest rent growth in the country, leaving thousands of families with nowhere affordable to go. In this deep-dive, we break down why Perth is suddenly becoming Australia’s hottest (and most pressured) market, how rising migration and collapsing construction are creating a perfect storm, and what experts say will happen next. If you’ve been priced out, struggling to find a rental, or worried about the future of housing, this video gives you the clearest picture of what’s really going on. This is just my opinion based on publicly available data — not financial advice. :) If you're living in Perth, WA, or anywhere in Australia, share your experience in the comments. Your stories help show what the data can’t. If you want more real, transparent breakdowns of Australia’s housing crisis, cost of living, and economic trends, subscribe and turn on notifications so you never miss a new video.