‘I think the Australian rental property market is broken’

  • 📰 newscomauHQ
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

This is a new low in the Aussie housing market. 😅

Spotting the listing, federal Greens member for Melbourne Adam Bandt tweeted, saying it shows “something is deeply wrong with housing in Australia”.

“Lol, is this for real?” asked another. “Kitchen in the garage? Walk in the front door and THROUGH the toilet... living situation in Melbourne is grim, grim I tell ya!” “This rental listing is a clear demonstration that the housing system is broken,” he added, writing that garage was bigger than the tiny living room.“Rental prices and conditions are putting people in my electorate under serious pressure. “According to the 2016 census, 15.3 per cent of renters in Richmond were forced to pay more than 30 per cent of their income on weekly repayments.”

Despite the criticism, it states that it also has a layout and location that is “too good to refuse”.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

then you get the owners that have make shift walls and jam tenants in them and only accept cash so they can get away with not giving the bond back.

HOW IS THIS HAPPENING IN AUSTRALIA

Results from scraping Building Code of Australia BCAcomau

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kitchen in garage prompts claims rental property market is brokenA rental listing for a studio apartment in Richmond in which a tiny kitchen was located inside a garage - for the hefty asking price of $450 a week - had many suggesting on social media that the Australian rental property market was broken. WTF? No, seriously, no wonder I refuse to move back to Melbourne! OR Sydney! hockingstuart You advertised and promoted a rental property where the kitchen was in the garage for $495/week? Shame on you. renting ShameOnYou HumanHeadline ReneeThomps Mmm, healthy
Source: theage - 🏆 8. / 77 Read more »

Big four banks suffer losses in early trade as Australian share market slidesThe big four banks, the major miners and the energy sector have all dragged Australian shares lower in early trade as the local market mirrors a global markets slump. Expect fees to go up
Source: newscomauHQ - 🏆 9. / 77 Read more »