The rent crisis behind Australia’s two-faced cities
Source: Australian Broadcasting Corporation
Spiralling rents have priced out even average income households from at least half the postcodes in three capital cities and one regional area, according to an ABC analysis of exclusive figures covering thousands of neighbourhoods across the country.
This is Australia’s worst capital city for renters.
At the start of the pandemic, just 2 per cent of postcodes were out of reach for the average income rental household.
(A postcode is considered out of reach when the median rent reaches 30 per cent … [11916 chars]