"It's definitely not the trajectory I imagined. But I'll finally have a space without the fear of it being taken away, without the fear of being evicted.
“I know there’s a lot of people who are worse off than me who haven’t got that opportunity — they haven't got a shed they can move into."And the Rental Affordability Index Report, released today, shows why.
It's bad and sad 🤬☹️
Woman
This should help.
smh SBSNews Nobody is talking about backpacker hostels’re asking almost $400/w in 4 people domes in Sydney. It’s a black market price. You can’t explain it to me demand is higher than supply. Regulators have to do sth. Ripping off vulnerable is turning AU culture. rentalcrisis
'For one, experts say the opening of the borders post-COVID has meant a renewed influx of students and migrants into the country, putting extra pressure on a limited supply of rental properties.' The resident population sees little to no benefit.
Summary of your whole arse economy: 1. import people 2. export coal 3. complain
About time we stop thinking of property as a get rich scheme and start thinking of it in the same category as water electricity food, life’s essentials.
Chickens coming home to roost.
It's bad. Living under the hand of a landlord. Why? Because the undersupply and over-demand scenarios favor the landlord and real estate agents. Long-term tenants who prefer to rent are forced to toe the line..or else