Philip Lowe wants us in share houses to fix the rental crisis. We can’t accept this as normal | Maiy Azize

With young people staying at home longer than ever, it's no surprise the Reserve Bank governor's comments went down like a lead balloon

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In the middle of Australia's worst ever housing crisis, more pain is in store for renters. The Reserve Bank governor, Philip Lowe, says rents will keep going up, coming off the back of years of huge increases.

If you're worried you won't be able to keep up with more rent surges, Lowe has some advice. Young people should live with their parents for longer. Working people should keep share housing. Professionals shouldn't expect to live on their own.

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