Australians seek affordable housing amid rising costs

Home tenants face the risk of growing housing pressures in 2023 as the number of Australians megnaturally significant increases while thousands of properties are erased from the government's affordable housing scheme.

Source: AAP

The National Rental Affordability Scheme (NRAS) aimed at providing government subsidies for below-market rents was abolished during Scott Morrison's leadership with that programme due to close by 2026.

It means 36,000 affordable properties will be removed by 2026, with 6,600 of those properties due to be removed in this year alone.

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