Unwanted records broken as worsening rental crisis demands new approach
Australian renters are paying more than ever to put a roof over their heads and key workers are being forced out of employment hubs, necessitating a new approach from governments and greater incentives for property investors.
Scenes like this queue of prospective renters in Coburg, Melbourne, last week are playing out around the country. (Image source: Luke Francis)
Sadly our rental crisis continues to worsen.
Rental values are constantly pushing upwards to ever higher record levels, with the national rental index up a further 0.6 per cent in March.
No one on either side of politics is truly tackling the issues
and most definitely there is no program in place that truly accelerates tackling this problem. All visions are long-term but not supported by key actions that will deliver outcomes.We also have g…
