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Hobart now the toughest city for renters

Renting is no longer cheaper than paying mortgage

The latest Rental Affordability Index report shows Hobart is now Australia's least affordable capital city for tenants -- although renters in the rest of the country are not faring much better. And with the disparity between income and rental prices widening, the lowest-paid workers are the hardest-hit.


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By Sarah Abo, Tara Cosoleto, Sopharany Hay

Source: SBS




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The latest Rental Affordability Index report shows Hobart is now Australia's least affordable capital city for tenants -- although renters in the rest of the country are not faring much better. And with the disparity between income and rental prices widening, the lowest-paid workers are the hardest-hit.



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