Hobart continues to face a critical shortage of affordable rental homes. For renters, data consistently show that Hobart remains the least affordable Capital City and Rest of the State the least affordable region in the country. Hobart’s house prices and rental costs are growing much faster than people’s incomes, with the worst impacts on those who can least afford higher prices.
In particular, it is vital to ensure that there is a net increase and no loss of the existing level of affordable rental and social housing in the Hobart Precinct areas. Read more…