Growing rental affordability crisis across Australia, data shows

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A new report has shown the shocking reality of how unaffordable renting is becoming across Australia. 9News

For many Australians, the dream of owning a home is moving further out of reach due to soaring house prices and increasing interest rates, which means many are left in the rental market.

"We did not get into this crisis overnight," Anglicare Australia Executive Director Kasy Chambers said."There's no point talking about employment, jobs, participation, education, health, about all those other areas if you haven't got the building block of housing behind you."Anglicare Australia Executive Director Kasy Chambers says the rental affordability crisis hasn't sprung up overnight.

"We keep hearing that this election is about living costs, but housing is the biggest cost facing Australians. People on low incomes don't stand a chance," she said."Investing in housing is the most powerful way to make the market more affordable, and boost regional communities doing it tough after the pandemic and floods."

Forced to move further away from her children's schools and her partner's work, she is now saddled with additional expenses.

 

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