Rents surging beyond wage growth creating record unaffordability | ABC NEWS
A new report from Cotality has found rents have been surging well beyond wage growth. Leo Patterson Ross from the Tenants Union NSW says rental affordability is usually stable and the surge in rental growth means many people will simply lose their homes and communities to get something more affordable. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-02-1... ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook: / abcnews.au Follow ABC NEWS on Instagram: / abcnews_au Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
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