‘Housing in Australia is broken’: only 1.6% of private rentals are affordable for those on minimum wage
by Stephanie Convery from World news | The Guardian on (#5YM7Q)
Anglicare's annual snapshot calls for 50% rise in rent assistance payments, more social housing and changes to tax system
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Only 1.6% of private rental properties in Australia are affordable for minimum wage earners and all but zero for those on benefits, Anglicare's annual snapshot has found.
The Rental Affordability report, released on Thursday, took data from the rental listings on realestate.com.au over a single weekend and assessed whether those properties were affordable - costing no more than 30% of a household budget - for people on low incomes.
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