A new survey from the Consumer Policy Research Centre shows some haven't been so lucky, with renters reporting higher levels of financial stress than mortgage-holders.
Almost half of renters [[49 per cent]] are also more concerned about their housing costs, compared to 31 per cent of mortgage-holders.
And the consumer data shows renters are more likely to use credit cards or buy-now-pay-later schemes [[37 per cent]], as well as dip into savings [[44 per cent]] or access their superannuation early [[19 per cent]].
An extra one billion dollars of low-cost finance was included in this year's federal budget, which the housing minister says will support 2,500 new and existing affordable homes.
Source: SBS
