The latest release of the Rental Affordability Index (RAI) has found Hobart is the second least affordable capital in Australia, with average income households paying 28 percent of income on rent. This is close to the stress threshold of 30 percent, where people experience difficulty paying for primary needs, such as food, heating, medicine and transport. Read more…
Latest Rental Affordability Index reports deepening rental crisis
Media Release Wednesday 29th November 2017 Tasmania’s peak body for housing and homelessness is concerned but not surprised at the findings of the fifth Rental Affordability Index (RAI) released today. “Rental affordability in Greater Hobart has fallen to its lowest point since the Index began in 2015. Hobart remains the second least affordable capital city after Sydney, due to our …
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