Worsening rental affordability hurting regional areas with WA’s north the hardest hit

Australians living outside the major cities have not been spared from eye-watering rental hikes, putting pressure on populations in disaster-prone areas and other vulnerable groups. Renting in the regions has become increasingly expensive since the COVID-19 pandemic, based on an analysis of SQM Research’s weekly asking rents. The average regional renter is spending more than $150 extra a week compared to mid-2020, with some regions hit much harder than others.

Commissioners will hear from First Nations, regional, remote, and disaster-impacted communities impacted by the troubled housing market. One of the commissioners, University of Sydney housing expert Professor Nicole Gurran, said housing costs had climbed out of reach for many living in places hit hard by flooding, such as Lismore in northern NSW.

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Jerry Seinfeld opens up on time in Australia in exclusive 7NEWS interview amid heckler-plagued tour7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
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Jerry Seinfeld opens up on time in Australia in exclusive 7NEWS interview amid heckler-plagued tour7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsSydney - 🏆 16. / 63 Read more »