However, this year’s report suggests wages are not keeping up with increasing rent costs across the country.While Sydney, Melbourne, Adelaide and the ACT all improved in affordability during the COVID-19 pandemic, they declined again in 2022.
“The pandemic also saw the existing rental crisis spread to the regions, when many households left capital cities,” lead author of the RAI report, Ellen Witte said. “Australia’s housing crisis has reached fever pitch. No part of the country has been spared. Rents are shooting up in towns and regions, and our cities have never been more expensive,” she said.
.....and that's what happens when you demonise landlords and place ridiculous rules and regulations in place that gives them minimal control over THEIR properties. What the fuck did you expect
It will only get worse now andrews has gotten back in and more landlords sell up
People renting could have told u that