Story perspectives
Rising Rents Spark Long Queues, Greens Propose Freeze
5/13/2025
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Story summary
- Long queues for rental properties are prevalent as landlords significantly increase rents.
- The Greens propose rent freezes to support struggling single parents and disaster-affected regions.
- Associate Professor Ben Phillips argues that the rental crisis narrative is overstated; most renters remain stable.
- ABS data reveals a 19% rent increase over five years, contrasting with CoreLogic's 50% figure.
- Rental affordability has improved, with costs as a share of income decreasing from 28% in 2013 to 26% now.
