crunched the numbers to determine what it costs a single person to rent a unit in the state and what their yearly salary would need to be to avoid housing stress.READ MORE:
That narrows the ring of affordability for professions like police officers, nurses and cleaners to certain pockets of the outer suburbs including Mount Druitt, Merrylands, Ashfield and Revesby. "We have more families looking for childcare and increasing days and we're not sure that we're going to be able to accept those enrolments because we simply can't staff it," she told 9News.Financial technology company Zepto is based there and CEO Chris Jewell said it's also struggling to keep employees.
"We'd like to see planning laws that really facilitate mixed-use and more residential so that these dwellings can be built and that people can actually afford to live in them," Business NSW CEO Daniel Hunter told 9News.
There should be a cap on rent increases
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SkyNewsAust - 🏆 7. / 78 Read more »