this post was submitted on 23 Apr 2024
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  • In short: The 2024 Anglicare Australia Rental Affordability Snapshot has recorded its lowest ever amount of affordable rentals across the country.
  • Its annual report, released today, shows the number of affordable rentals available for different Australian households on low incomes.
  • The report has found housing availability has not recovered since the start of the COVID-19 pandemic – with average rents $200 a week higher than pre-pandemic levels.
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[–] [email protected] 26 points 6 months ago* (last edited 6 months ago) (2 children)

Let's incentivise foreign real estate ownership and multiple property owners... Nothing can go wrong here...

/s

Sorry for the rant...

[–] [email protected] 11 points 6 months ago

More than real estate ownership: real estate speculation as an investment strategy

[–] [email protected] 4 points 6 months ago

What proportion of properties actually have foreign owners and how many of those are vacant?

I see people point at this all the time but I never see numbers. I feel like the financialisation of housing, negative gearing, capital gains discounting, and underminding of public housing being more than enough to completely fuck shit on their own.