Concerned about housing affordability
There’s nothing more important than having a home, but Australians are finding it hard to get a place they can afford, whether they’re renting or buying.
“I’ve lived in Sydney’s Inner West area for most of my life. I grew up in Leichhardt, spent some years in Newtown and Erskineville. I’ve seen prices go through the roof for housing around here and in Sydney generally. I’m renting a house for a relatively low price in the area, but my partner and I have split up and I can’t afford to leave, so I’m sharing a bedroom with my children instead. The only opportunity I will ever have to put a deposit on a house would be if I inherit some assets when my parents die. I am really worried about what will happen to Sydney if something isn’t done to make housing more affordable.”
- Lisa, Haberfield, NSW
Did you know?
- Almost one in ten households is in housing stress
- On any given night over 105,000 people in Australia are homeless
- Both house prices and rents have risen well above inflation. For people on low incomes this means that housing costs are eating up more of their income and leaving less for the other essentials in life.
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