Saturday, 20 July 2019
Quote of the Week
“High
rents are a major contributor to household insecurity, personal
stress and the risk of people, including children, slipping into real
poverty and even homelessness. The North Coast rental market
disadvantages many people because the competition for decent and
affordable housing greatly outstrips supply. The reasons for this
crisis are varied, including a general lack of rental stock, many
houses in coastal towns becoming holiday rentals and the need to
accommodate workers on the road projects, which results in inflated
rents that stay that way after the workers move on.” [St
Vincent de Paul regional executive officer Michael Timbrell quoted
in The Daily Examiner,
18 July 2019]
Labels:
cost of living,
housing,
rent
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