Tenants' Union of Tasmania

Rents are Rising Faster than Inflation According to Tenants' Union Callers

Posted on Monday, 2 August 2010 | Permalink

The average rent of callers to our advice line has risen by 25% in the last 3 years.  Over the same period, inflation has risen by 9%.

The average rent of callers was $200.93 in 2006/07.  It increased to $251.10 in the last financial year (for a graphical version click here).

As rent rises faster than the overall cost of living it is clear that market based solutions are not working.  It is time for both State and Federal Governments to put serious effort into making housing affordable for all Tasmanians and Australians.