Electorates in South Eastern Queensland are among the worst for rental stress in the country, with 40% of renters struggling with housing they can’t afford, data released today shows
The University of NSW analysis for national housing campaign, Everybody’ Home shows that Hinkler tops the list of electorates for rental stress in Queensland, with 41% of households who rent in Hinkler experiencing chronic rental stress.
Hinkler is followed by Moncreiff 40%, Longman 40%, Wide Bay 39% and McPherson 39%.
Q Shelter spokesperson, Fiona Caniglia, said Queensland has 8 of the 20 electorates in the country with the highest proportion of renters in rental stress. Seven of these are located outside of Brisbane.
“Throughout this Federal Election campaign, candidates have talked a lot about tackling cost of living pressures.” Ms Caniglia said.
“If candidates are serious about addressing cost of living, then they have to answer what they are going to do to address chronic rental stress including regional Queensland.” Ms Caniglia said.
“We’re calling on all candidates to commit to real measures that will boost the supply of social and affordable housing and reduce the unacceptably high level of rental stress across the state.” Ms Caniglia added.
National Everybody’s Home campaign spokesperson, Kate Colvin said the data busted the myth that housing affordability an inner Melbourne or Sydney issue.
“The narrow focus on real estate prices for young home-buyers means that almost 190,000 Queensland households in rental stress are being forgotten by governments at all levels,” Ms Colvin said.
“Underinvestment in social housing, increasing rents and low wage growth mean that low income earners, and middle income earners are struggling right across the country.”
The seat-by-seat comparison compares rents and incomes across electorates to identify the number of households in rental stress.
Ms Colvin said Queensland voters in the Federal election expect all parties to announce policies that will address the cost of housing – the biggest single cost of living for households.
Everybody’s Home campaign is calling on governments to:
- Develop a national strategy to provide the national shortfall of 500,000 social and affordable homes;
- Prioritise homebuyers over investors by resetting the tax system;
- Ensure a better deal for renters;
- Increase Commonwealth Rent Assistance to provide immediate relief for renters in chronic rental stress;
- Support a national plan to end homelessness by 2030.
- Rental stress refers to households with an income in the lowest two income quintiles (the bottom 40 per cent) of Australia’s income distribution who are paying more than 30 per cent of their income in housing costs.
- Estimated number of households in rental stress is an estimate of the number of lower income households in rental stress.
Doing it tough: housing stress in Queensland
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