Family living in one room as new report shows 'extreme' rental stress gripping New South Wales
1 year, 7 months ago

Family living in one room as new report shows 'extreme' rental stress gripping New South Wales

ABC  

Haya Arzidin and her family have rented the same house for three years in the south of New South Wales. Key points: A new CoreLogic and ANZ report has revealed "extreme rental stress" across regional NSW for low-income households Across the country, low-income earners are spending an average of 50 per cent of their income on rent Real estate veterans say the situation is "dire" in the bush She and her partner work casually and earn a lower income than the average Australian, but they have always been able to make rent in Wagga Wagga. "Rental housing can be summed up as a bit of a failure," said Eliza Owen, CoreLogic's head of research. "Across regional New South Wales, you have … one of the worst measures of rental affordability behind Hobart." She said in the state's regions, low-income households needed to spend 57 per cent of their income on rent, leading to "extreme rental stress".

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History of this topic

How WA's rental crisis saw this family of four almost end up on the street
2 years, 3 months ago

How WA's rental crisis saw this family of four almost end up on the street

ABC  

After weeks of struggling to find an affordable rental property, Darshana Lamprecht turned to her community in a last-ditch bid to keep her family off the streets. Key points: Perth's rental vacancy rate is at a critically low 0.6 per cent The Lamprechts were among many families battling battling to find a home But the community helped them find a …

Rental stress hits families in Toowoomba with $15 standing between home and homelessness
2 years, 5 months ago

Rental stress hits families in Toowoomba with $15 standing between home and homelessness

ABC  

Fifteen dollars might be spare change to some but, for those trying to contend with feeding a family and grappling with rising costs of living it is a rent rise few can afford. Key points: Toowoomba has been identified as having the highest amount of rental stress in the country Families say they're making major sacrifices to meet the rise …

Sydney has become a landlords' market and desperate renters are paying the price
2 years, 7 months ago

Sydney has become a landlords' market and desperate renters are paying the price

ABC  

Long searches, skyrocketing prices, and diminishing quality. "Nothing seems like it's priced fairly at all — it's kind of like 'Oh I think people will pay this for that house, let's just put it at that'." "In the photos it looks like it's got bright lights or it's in the middle of the day," says Scotty Bensley, who arrived in …

Airbnb operators take huge hit amid bushfires, coronavirus, causing some to reconsider the platform
4 years, 11 months ago

Airbnb operators take huge hit amid bushfires, coronavirus, causing some to reconsider the platform

ABC  

The twin disasters of bushfires and coronavirus have devastated Australia's tourism industry resulting in a massive decline in visitor numbers and booking enquiries. Key points: A glut of properties in the short-term rental market is causing housing stress with a lack of rentals available for long-term tenants Airbnb recommended that owners in Cairns reduce their prices due to a decline …

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