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

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 revealsGet our breaking news email, free app or daily news podcastRenters 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…



Source link : https://www.theguardian.com/australia-news/2024/oct/13/more-australians-being-priced-out-of-homes-by-big-rent-hikes-advocates-fear

Author : Cait Kelly

Publish date : 2024-10-12 19:00:35

Copyright for syndicated content belongs to the linked Source.

Tags :The Guardian

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