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I think your post downplays the severity of the issue. Your link suggests in Victoria the median rent has increased by 14%, which is a phenomenal amount. I don
by elliotto 3y ago
I think your post downplays the severity of the issue. Your link suggests in Victoria the median rent has increased by 14%, which is a phenomenal amount.
I don't know what circles you are involved in but 25-35 % is consistent with for many of my cohort in Sydney. Although this is an anecdote, 35% from a right skewed distribution with median 14% is very possible.
The system is breaking and harming the most vulnerable
- angled 3y agoACT increases are indexed to inflation. Great as a renter and for housing generally, annoying as a landlord.
- TheHappyOddish 3y ago> I think your post downplays the severity of the issue. Your link suggests in Victoria the median rent has increased by 14%, which is a phenomenal amount. I'm unsure how showing the percentage increase would be a downplay? I was pretty clear they are increasing, and at almost double inflation. This is very bad. > I don't know what circles you are involved in but 25-35 % is consistent with for many of my cohort in Sydney. Absolutely, Sydney is an abhorant place to live and always has been. You spend a lot of money on transport, rent, food - everything. I'm not sure that those living in Sydney though - the most expensive capital city in the country - would cross the venn diagram with our most vulnerable.