Greed, expense, stress: Renters' woes highlight dark side of housing crisis
The plight of a single mother thrown into an emotional and financial nightmare at the end of her rental lease shines a light on the reality behind the statistics defining the rental and housing crisis.
In the latest statistical marker that the rental crisis is worsening, the proportion of properties listed for rent at $400 per week or less has halved in a year.
PropTrack analysis of realestate.com.au listings, released on Tuesday (23 May) also revealed that in April advertised rents had risen 11 per cent year-on-year.
The nation’s rental market is in dire straits, with little sign of meaningful reprieve on the horizon. Advertised rents are re…