Day: December 4, 2020

Australia’s most affordable cities for renters revealed: How coronavirus has changed the renting landscape

Hobart is now the least affordable capital city for renters. Picture: Knight Frank

The areas where rental affordability is improving since the height of the coronavirus pandemic, including what is Australia’s most affordable capital city has been revealed.

New analysis shows how the pandemic disrupted the rental market across Australia, with prices falling in many cities — but the Rental Affordability Index (RAI), released this week, found rent is still unaffordable for low income earners in every capital city.

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