News: Rental affordability ‘crisis’ hits home

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News: Rental affordability ‘crisis’ hits home

Postby Noel Tudball » Mon Apr 17, 2017 11:45 pm



"RENTAL affordability in Frankston has hit historic lows, according to new data from the Department of Human Services.
Reports for the December quarter show private rental affordability is on a steady decline in Frankston as the housing affordability ‘crisis’ creeps to the outer suburbs.
“People on very low incomes are being pushed out of the private rental market, and have very few accommodation options left because there’s insufficient public housing,” Council to Homeless Persons CEO Jenny Smith said.
“Consequently we’re seeing more ‘rough’ sleeping, as well as hidden forms of homelessness.”

More at source: http://baysidenews.com.au/2017/03/27/rental-affordability-crisis-hits-home/


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