The housing crisis is at a crossroads as more are out of the market and are struggling | News from the region

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The struggle to find affordable housing in the Australian region is not getting any easier, according to a new report from the University of NSW. In the 12 months leading up to September 2021, property values ​​in Australia increased by more than 20%, the strongest value growth in over 30 years. Rent inflation in the Australian region also rose 12.4% in the year ending August 2021, while the supply of private rental housing fell 6% in the New Brunswick region. South Wales. In comparison, wage growth in the private sector increased by only 2.4 percent and that in the public sector by 1.7 percent. The disparity between wages and the cost of housing has put many people behind the bullet eight in securing housing. Kirrilly Salvestro, deputy managing director of Griffith’s Linking Communities Network, said the situation was dire. “It’s only getting worse. Housing stock has shrunk, high rent prices push people out of the market… People have to choose in this climate whether they pay rent or feed their children. Add to the complexity of young people in need of housing and then domestic violence – it’s just a huge social problem, ”Ms. Salvestro explained. She said the situation was getting darker and the bureaucracy was delaying them. potential solutions. “Griffith’s affordable housing strategy is good and it’s a big step. For organizations like us, it just doesn’t go far enough. We need social housing and it’s a government approach.” READ MORE “As a community we have to recognize that even though we don’t see street sleepers in Griffith, there are a lot of homeless people. People tend to surf the couch, but they are still homeless. ”On the positive side, she hoped the new council would be able to make further progress in addressing the homeless crisis and hoped to work with them for the benefit of the community. Our journalists are working hard to help them address the homelessness crisis. r provide local and up-to-date news to the community. Here’s how you can access our trusted content:

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