Experts warn that Sydney’s rental crisis is exacerbating homelessness and pushing home ownership out of reach for some as the city’s rents hit record highs.
BreakdownGenerated by LeadStory AI
- Rental prices in Sydney have reached record highs, with significant increases for both houses and units. 8s
- A two-bedroom unit in Hurstville now rents for $700 per week, up from $470 three years ago. 13s
- The affordability crisis is leading to increased poverty and homelessness among renters. 1m 3s
- 40% of people in Sydney are now renters, highlighting the scale of the issue. 1m 10s
- While rent increases continue, the pace has slowed, offering some hope for tenants. 1m 28s