Hobart’s worsening rental crisis confirmed by latest data

Shelter Tas, Tasmania’s peak body for housing and homelessness, is deeply concerned at the escalating levels of unaffordable rents, reported in the latest Rental Affordability Index (RAI) produced by SGS Economics & Planning, National Shelter, Community Sector Banking and the Brotherhood of St Laurence.

“Rental affordability in Tasmania has nosedived since the RAI began in 2015. Hobart is again the least affordable capital in Australia. Rising rent and low income growth has created unprecedented hardship for many people seeking to find an affordable home, and we have a chronic and entrenched rental crisis,” Shelter Tas CEO Pattie Chugg said. Read more…