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1.Market Observations, 8.Was Sticky

23 May 2018 (AFR) – Rental Affordability Index: Hobart overtakes Sydney as worst city for renters

(23 May 2018, AFR, p30, by Michael Bleby)

Proportion over time of average household income spent on rent (Rental Affordability Index)

Proportion over time of average household income spent on rent (Rental Affordability Index)

‘Hobart has overtaken Sydney as the least affordable city for renters, with rents having pushed up to near mainland prices, even as wages remain much lower, the latest Rental Affordability Index shows.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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