Finder research has revealed almost half of Australians are struggling to pay their rent.
The Finder research shows that rental increases of up to $500 per week in capital cities have ramped up pressures with 45 per cent of Australians struggling to pay rents in April and 83 per cent begging for rental controls to be introduced. “Soaring rents have resulted in almost one in two renters struggling to keep a roof over their head, while only a third of mortgage holders are in a similar position,” he said.
“Anyone who knows somebody who is looking for a place to rent right now will tell you – there are few properties, long lines, and piles of applications before you.”
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