Facing dwindling rental supply, growing tenant demand, rising interest rates and rental prices, and post-COVID migration, housing experts are divided on how best to tackle Australia's rental crisis.
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Recent ABS figures have revealed a substantial increase in the number of homeless people over the age of 55. A growing number of Australians reaching retirement age still have an outstanding mortgage or are still renting, and with interest rates and cost of living increases we're seeing rent rises all across the country.
Thousands of low-income renters are facing homelessness as the National Rental Affordability Scheme (NRAS) comes to an end, even as the federal government launches a suite of housing policies to tackle Australia's housing crisis.
Workers in regional Victorian towns are being forced to sleep in tents, cars or caravans after a tree-change exodus from Melbourne over the past two years increased competition for rental properties to crisis levels.
Labor’s five-year housing construction plan will deliver just 3% of the social housing units needed over the next decade, the Greens have warned, and estimate that Australia's shortfall of 524,000 social housing dwellings this year is set to increase to 671,000 by 2032.