Why being a renter is getting more expensive

Across the country, rents are going up.

But it’s not because the value of the properties has risen - in fact values are largely going down.

Instead, it has to do with the mortgage repayments of landlords, and the fact there’s not enough supply of rental properties at the moment.

Rental stress in Australia is at a crisis point, with mental health and homelessness services raising the alarm.

Today, senior reporter for The Saturday Paper Rick Morton on what’s happening to our rents.

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Guest: Senior reporter for The Saturday Paper, Rick Morton

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