Australia's rental crisis prices out educators, nurses and aged care workers· Essential workers in Australia are being priced out of the rental market due to skyrocketing prices and limited availability.· &...
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Australia's rental crisis prices out educators, nurses and aged care workers
· Essential workers in Australia are being priced out of the rental market due to skyrocketing prices and limited availability.
· The COVID-19 pandemic has heightened the demand for rental properties in regional areas, resulting in a housing crisis for essential workers such as nurses, teachers, and emergency services personnel.
· According to a report by the Australian Housing and Urban Research Institute, rental prices have surged in regional areas by 38% in just one year.
· This increase is attributed to a combination of factors including increased demand from city dwellers looking to relocate, limited supply of rental properties, and the growing popularity of remote and flexible work arrangements.
· Essential workers, who play a crucial role in the community and are often on lower wages, are finding it increasingly difficult to secure affordable rental accommodation.
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