Renters competing 'Hunger Games-style' as number of rental properties dwindles

 Thousands of Australians who have already given up on buying a home are also facing the prospect of being priced out of the rental market, leading experts have warned. 

Specialists within the nation's affordable housing sector say the rental market is "out of control" and in "a total crisis" due to years of both sides of politics focusing primarily on home ownership and neglecting people on lease contracts. 

Housing Trust NSW CEO Michele Adair believes that a continued focus on affordable home ownership is continuing to drive down rental supply and push up rents, which will price out many people who have already given up on buying.

"Being priced out of the rental market and never being able to own is the reality for hundreds of thousands, if not millions, of Australians," she said. 

Read More: https://www.abc.net.au/news/2022-05-02/renters-compete-hunger-games-style-as-number-of-rentals-dwindles/101030774



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