A record jump in Sydney rents has prompted an urgent call to action from social housing activists.
The harbour city posted its fastest quarterly and annual rise in rents, pushing the median price for a unit to $670 (US$445) a week, according to figures from Domain’s June rent report.
Community Housing Industry Association NSW chief executive Mark Degotardi said the change would mean disaster for many families amid the ongoing cost-of-living crisis without government intervention.
“The evidence of the housing crisis couldn’t be clearer,” he said on July 6.
“It’s time to confront this crisis head-on and the first priority is to build the social and affordable housing our state desperately needs.”…