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Australia's affordable rentals halve over 12 months

REAL ESTATE AGENT STOCK

Houses for sale and lease are advertised in the window of a real estate agent at Bondi in Sydney, Friday, April 24, 2009. (AAP Image/Tracey Nearmy) NO ARCHIVING Source: AAP / TRACEY NEARMY/AAPIMAGE

The number of affordable rentals listed on the Australian property market has almost halved in the last 12 months. New figures show the proportion of rental properties below $400 a week has fallen to less than a fifth of the market, making life even more difficult for those on lower incomes. Listen to this podcast for more.


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