'Ridiculous' rent rises push family to buy home in regional WA but concerns remain for others
10 months, 2 weeks ago

'Ridiculous' rent rises push family to buy home in regional WA but concerns remain for others

ABC  

In short: People who can afford it are looking at becoming home owners rather than renting as prices continue to skyrocket. Data released by advocacy group Everybody's Home showed regional Western Australia experienced some of the largest rental spikes in the country over the past year. "But I don't know anyone whose wage has gone up 74 per cent, so we need to find some real solutions." "To cater to 75,000 people we need to build 25,000 houses and we're finding it difficult to produce more than 14," he said. "So if Australia wants that to continue it's going to have to give more resources to these people who need to live in regional areas."

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