Regional rents soar during COVID-19, raising fears of financial stress

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The price of renting in Australia's regional centres has grown by almost 20 per cent in just two years. 9News

in Australia's regional centres has grown by almost 20 per cent in just two years, prompting experts to warn of a national housing emergency.

"With private rentals already in short supply before the recent devastating floods, soaring rents, and a severe shortage of social housing options, we're in the middle of a renting crisis in many parts of regional Australia," Dr Goldie said. "We need immediate Federal Government action to help house people made homeless in flood-affected communities," Dr Goldie.

Lead author Professor Hal Pawson said social and economic policies during the pandemic offered a temporary view of how Australia could be. "But since the experience has prompted virtually no permanent reforms of social security or rental housing regulation, governments appear to have resisted learning lessons from the episode."An abandoned house in Gulargambone. Low income earners in regional towns are struggling to make rent with benefits that are linked to capital city prices.

 

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Alert ,,Must stop flying Boeing 737-800 for now...Not safe...

Rent is ridiculous on the Sunny Coast Queensland. Go look em up.

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