More Australians being ‘priced out’ of homes by big rent hikes, advocates fear

Renters in some cities forced to spend on average nearly $15,000 more a year on rent since the Covid pandemic, analysis reveals Get our breaking news email, free app or daily news podcast Renters in Australian capital cities are on average spending nearly $15,000 more a year to rent a house since the pandemic, analysis has revealed. Research from the advocacy organisation Everybody’s Home showed on average renters in capitals are paying $14,700 more annually to rent a house, and $9,600 more to rent a unit compared with 2020. Sign up for Guardian Australia’s breaking news email