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Rents - info

 
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PrispevekObjavljeno: 27 Mar 2007 06:27    Naslov sporočila: Rents - info Odgovori s citatom

RENTAL prices have been rising at more than twice the pace of inflation, a housing affordability report to be released today shows.

The report shows Australians are paying $44 a week more in real terms for a three-bedroom house than they were in June, 2001.

Research conducted by report authors, Australians for Affordable Housing, shows the national median rent for a three-bedroom house would have been $232 in the last quarter if rents had only risen with CPI. However, the national median rent for December 2006 was $276.

The report said this rental rise represented more than 25 per cent of the average households' food budget.

"For renters, decent accommodation is difficult to find," Australians for Affordable Housing spokesman David Imber said yesterday.

"People looking to rent are being forced into auction situations, where the highest bidder wins.

"Adding to rent rise pressure is the current shortage of more than 134,000 low-cost rental properties."

The housing group consists of social services, welfare, rural and community housing groups and Anglicare.

The report said Australia had been identified as one of the least affordable housing markets in the world – with Sydney, Melbourne and Adelaide in the top 20.

Mr Imber said all governments were guilty of neglecting the housing crisis, and said the group was calling for a national affordable housing agreement.

This would include increased investment in public and community housing, reform of federal tax incentives, an increase in Commonwealth rental assistance and non-profit shared equity schemes, he said.

Economic analysis released by Labor earlier this month showed households in South Australia needed an income of almost $80,000 to afford minimum mortgage repayments on the average Adelaide home.
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