Editors Picks Thursday, 02 May 2024

Drop in lower rentals

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Updated 02 May 2024

SUBURBTRENDS analysis reveals a sharp drop in rentals below $400 per week, posing challenges for low-income earners nationwide. Founder Kent Lardner warns of an impending economic crisis as affordable options dwindle. This trend not only strains finances but also disrupts communities and essential services. Kent advocates for immediate solutions like emergency accommodation while pursuing long-term strategies to combat rising construction costs and ensure housing affordability for all Australians.

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