Tasmanian News

Hobart, Tas rent affordability in crisis

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Hobart is the country's second least-affordable city for renters, with tenants forced to pay an average of 28% of their income for housing.

The Rental Affordability Index released today shows a shortage of accommodation and strong economy are driving up rents across the state.

Ellen Witte from SGS Economics and Planning said "[r]ents are most affordable in places where the least opportunities are in terms of jobs, services and education."

Shelter Tasmania's CEO Patti Chugg said it reinforces the extent of the rental affordability crisis.

"Once again it shows Hobart to be Australia's second least-affordable capital city, after Sydney.

"Not only is it Hobart that is in declining affordability but also for groups in Launceston, Burnie and Devonport and that's often pensioner couples and single pensioners," Ms Chugg said.

Image: By Nick Carson at English Wikipedia [Public domain], via Wikimedia Commons

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