Melbourne’s rental squeeze = more people into homelessness

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Melbourne’s rental squeeze = more people into homelessness

Postby Noel Tudball » Tue Mar 07, 2017 1:58 pm


"A recent national survey "Unsettled: Life in Australia’s Private Rental Market" found 40 per cent of Victorians had been renting for less than five years.
The Council to Homeless Persons pointed to a “rent down” phenomenon, where aspiring first-home buyers locked out of buying saved by renting cheaper properties that might otherwise be available to low-income renters."

"With increasing demand and higher rents, Ms King said, social housing was the most effective ammunition in the fight against poverty."

Read more at Source: https://www.domain.com.au/news/melbournes-rental-squeeze-forcing-more-people-into-homelessness-20170224-guk9gl/

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Belinda Horgan, Mathew Smart and their kids Trae, 6, and Matteo, 2, are currently living in a motel room after a series of hardships. Photo: Penny Stephens



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