AHURI NEWS

AHURI Discussion Series on the ‘Future of renting’ explores Sydney private rental market

Panel to examine the opportunities and challenges for renters in NSW

20 May 2019

Australian National Maritime Museum, Sydney

The upcoming AHURI Discussion Series focussing on the ‘Future of renting: Opportunities and challenges’ will take an in-depth look at the rental market in Sydney, and the broader state of New South Wales.

As one of the most expensive housing markets in the world, Sydney’s private rental market faces particular challenges to ensure the rental market remains accessible to lower income tenants unable to access social housing and higher income tenants yet to realise home ownership aspirations.

This event is particularly timely in the light of findings detailed in the recent 2019 Anglicare Rental Affordability Snapshot. The Snapshot reveals that of 22,911 properties advertised for rent in and around Sydney in March 2019, only 41 were affordable for a couple on the Age Pension; 7 were affordable for a single person on the Age Pension; and none were affordable for anyone on Newstart or the Disability Support Pension.

Across Australia there is a growing awareness of a need to improve the housing experience for tenants and ensure greater standards of service provision.

The Discussion Series is based on findings from the AHURI Inquiry into the future of the private rental market, which analysed trends in private rental sector (PRS) including financing and provision; balancing the rights of housing consumers and housing providers; and how digital technology is reshaping PRS access and management. The Sydney Discussion event will explore how policy makers, real estate professionals, tenants and the community sector might best respond to these changes, as well as considering factors such as the impact of build-to-rent models.

As one of the most expensive housing markets in the world, Sydney’s private rental market faces particular challenges...

Dr Chris Martin from University of NSW will lead the presentation in Sydney, and will join with a panel of thought leaders to discuss these questions and to consider key opportunities and challenges.

Joining Dr Martin and AHURI’s Executive Director Dr Michael Fotheringham is a range of thought leaders from industry and the NGO sector:

Leo Patterson-Ross, Senior Policy Officer, Tenants’ Union NSW

Eliza Owen, Research Analyst, Domain

Andrew Hanson, National Manager of Operations, Mirvac

Peter Davidson, Principal Advisor, ACOSS

The Sydney AHURI Discussion Series will be on Tuesday 4 June 2019 at the Australian National Maritime Museum, Sydney.

To register for either of these exciting events, please visit the event page on the AHURI website.