Rental Affordability Index reveals the cost of rent now skyrocketing in some Queensland regions

Rental Affordability Index reveals the cost of rent now skyrocketing in some Queensland regions

Rental Affordability Index reveals the cost of rent now skyrocketing in some Queensland regions A Sunshine Coast family forced to live out of a caravan are among thousands feeling the brunt of a rental market experts believe is "approaching the point of catastrophe." Key points: - Rental Affordability Index creator Adrian Pisarski says there is a "perfect storm" in the Queensland housing market - He warns the situation will get worse without government intervention - An estimated 1.3 million Australian households are in rental stress The latest annual report based on the Rental Affordability Index (RAI) reveals there has been a significant decline in affordability across some regions in Queensland, with the cost of rent now skyrocketing. RAI creator Adrian Pisarski said the new data showed a "pretty dire situation". …
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