Renters in [Sydney] are seeing steep rent rises while one major city in the US now reports median rents nearing $4,000 per month . [House prices] in [San Francisco] have soared past local incomes as tech millionaires drive up demand.
[Housing costs] in both regions are making living harder while [Australian property experts] suggest price predictions should cool down as conditions grow strict. Some [new buyers] now claim the shrinking window for profit demands a fresh look at property estimates.