When a landlord tried to put up the Dornan's rent by $120 a week, they didn't know what to do

But Mr Lawless said Darwin remained the most affordable capital city to buy a house, based on a ratio of housing values to household incomes.

A typical household in Darwin is spending about 4.6 times their gross income to buy a medium price house.Mr Lawless said the affordability of buying houses in the Territory could be seen in the high proportion of first home buyers, who comprised 50 per cent of owner-occupier mortgage demand early this year, according to housing finance data.

Although data shows the Territory continues to have the highest rate of first home buyers in Australia, the rate recently dropped to 43 per cent, indicating many are being priced out of the market. Quentin Kilian, chief executive of the Real Estate Institute NT, said the withdrawal of first home buyer incentives by the NT government had "cooled the market quite dramatically".Stamp duty is also a big roadblock for potential first home buyers, who stoke rental increases if they can't buy."There is very little room to save and rental prices are going up," she said.

Why did public housing put up market rents by like $80 a week where there’s heaps of other public housing in area and problem with covid? Surely this adds to the problem of others increasing rent and people not being able to buy a home?

It’s the landlords property…..he can do as he wishes. Maybe they were paying a low rent to start with.

Pisses me off when people increase fees for anything when they can’t evidence theirs increasing. Rates are at an all time low, the cost of labour is stagnant. There’s zero evidence for such an increase. Time for meaningful regulation.

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stephanie's older boyfriend pushed her into 'increasingly demeaning' sex. She didn't know how to say noStephanie thought sexual assault was a stranger jumping out from a bush in a park to attack. Then she realised it could be somebody 'pushing you and pushing you' until you said yes. Sounds like a sexual assault to me. I can't even read that... Sad and sick from the start.
Source: abcnews - 🏆 5. / 83 Read more »

Stoush brews after landlord makes vaccine mandatory for tenantsAn ugly stoush has emerged after a US landlord demanded all his tenants be vaccinated against Covid before they are allowed to renew their leases. In news coming soon ex landlord forced to sell due to legal action
Source: newscomauHQ - 🏆 9. / 77 Read more »

Simmons 'not bluffing' amid savage trade stand-offThe Ben Simmons saga continues to take ugly turns 😬 9WWOS
Source: wwos - 🏆 12. / 68 Read more »

Roosters put faith in rookie hooker for NRL semi-final clash with Sea EaglesSydney Roosters coach Trent Robinson backs reserve grade hooker Ben Marschke to be up to the task in Friday night's semi-final. Rookie hookers don’t usually work out that well.
Source: abcnews - 🏆 5. / 83 Read more »

Everything you should know about Michael Schumacher before watching the Netflix docoA new Netflix documentary is set to shine a light on the life and career of Formula 1 legend Michael Schumacher. Get up to speed on the racing great before you press play. He's done. The NFL will regret this. They are done. The ONLY THING YOU NEED TO KNOW is that Michael Schumacher and his team were the biggest cheats in F1. KarmaIsABitch
Source: abcnews - 🏆 5. / 83 Read more »

Queensland passes voluntary assisted dying billNSW dragging the chain again 8 billion people now on earth changing of constitution - cov laws and legislation euthanasia changes ,mandate cov vaccine with long term effect not known .5G cancer . Just coincidence says the🐑. With such lack of ethics and morals, AP and the bunch will next pass involuntary murder/suicide.
Source: SkyNewsAust - 🏆 7. / 78 Read more »