Over 50 percent of renters living in major capital cities face “housing stress,” according to figures from advocacy group Everybody’s Home, prompting 150 organisations to call for the government to invest in more social housing. According to the latest data, renters in outer suburban and coastal areas suffered the most from rent hikes and housing stress—which…
Australia Experiencing a Housing Crisis, Needs Social Housing Fund: Think Tank
The Grattan Institute has said in their latest report that Australia is experiencing a housing crisis, where citizens are now spending a greater proportion of their income on housing than in the past. The think tank called on the federal government to create a Social Housing Future Fund to finance new social housing stock, which…
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