New National Report Says Rental Crisis Worsening

The Out of Reach report, released on Wednesday, reveals average weekly rents in capital cities have surged 57 per cent from $473 in 2015 to $742 in 2025.

The sharpest increases came in the past three years with a rise of 34 per cent.

Meanwhile, the proportion of social housing has plummeted to a record low of 4.1 per cent, down from 4.7 per cent in 2013....

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