Saturday 12 October 2024

More Australians being ‘priced out’ of homes by big rent hikes, advocates fear

Renters in some cities forced to spend on average nearly $15,000 more a year on rent since the Covid pandemic, analysis reveals

Renters in Australian capital cities are on average spending nearly $15,000 more a year to rent a house since the pandemic, analysis has revealed.

Research from the advocacy organisation Everybody’s Home showed on average renters in capitals are paying $14,700 more annually to rent a house, and $9,600 more to rent a unit compared with 2020.

Sign up for Guardian Australia’s breaking news email

Continue reading...

from World news | The Guardian https://ift.tt/fLrQEuR

No comments:

Post a Comment

International arrest warrant for rugby star Rocky Elsom

The ex-Wallabies captain was given a five-year sentence for embezzlement in France, local media say. from BBC News https://ift.tt/hrK60dA