Article 6Y0Y2 A two-bedroom Bondi Junction unit for $1,100 a week. Is ‘affordable housing’ in Australia really affordable?

A two-bedroom Bondi Junction unit for $1,100 a week. Is ‘affordable housing’ in Australia really affordable?

by
Cait Kelly Inequality reporter
from World news | The Guardian on (#6Y0Y2)

Government programs designed to offer rent below market rate for low-to-moderate income households are failing those who most need it, advocates say

A two-bedroom apartment in Bondi Junction that is part of an affordable" housing scheme run by the NSW government has been listed at $1,100 a week to rent, prompting advocates to warn that programs designed to help low-income earners are increasingly out of reach.

Across the country, affordable housing programs are meant to offer rent below market rate for low-to-moderate income households that make too much for social housing but not enough for the private market.

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