Here's your summary from Australia's Rental Crisis (https://www.youtube.com/watch?v=X7h9lRxmcPc) on the Bloomberg Television channel:

**TLDR:** Australia's rental crisis in Perth is worsening due to a lack of supply, with high demand leading to skyrocketing rents and fierce competition for housing.

1. High demand and low supply in Perth's rental market are causing difficulties for even high-income earners to secure housing.

2. Perth's rental prices have increased by over 18% in the past year, outpacing other major cities in Australia.

3. The State Government is taking steps to address the housing shortage by investing in new construction projects, but the solution is slow in coming.

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