Australia’s rental affordability crisis reaches record low

[Eldorado]

Australians are being hit with unsustainable rent increases, with every capital city nationwide experiencing a decline in rental affordability, according to new data insight.

The annual Rental Affordability Index released this week revealed the low-income renters such as single parents, pensioners, and job seekers are most vulnerable and require more active and immediate support.

But it seems the rental crisis is impacting almost everyone applying for home.

https://www.news.com.au/finance/real-estate/renting/australias-rental-affordability-crisis-reaches-record-low/news-story/a771daabf5201c0e9309eff5bb4b0f03