	{"id":75578,"date":"2021-05-13T04:56:37","date_gmt":"2021-05-12T18:56:37","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/?p=75578"},"modified":"2022-02-27T11:06:38","modified_gmt":"2022-02-27T00:06:38","slug":"regions-hit-by-rental-affordability-crisis","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bendigotimes\/news\/regions-hit-by-rental-affordability-crisis\/","title":{"rendered":"Regions hit by rental affordability crisis"},"content":{"rendered":"<p>MORE federal assistance for young people is required to combat youth homelessness, according to Anglicare Victoria.<\/p>\n<p>Statistics from national campaign to end homelessness, Everybody\u2019s Home, revealed Northern Victoria has experienced a 1.3 per cent increase in the cost of rental houses since March, and a 6.8 per cent increase over the past year.<\/p>\n<p>Program manager at Anglicare Victoria Amy Youl said a recent rental snapshot of the state in March showed there are a number of factors contributing to the rental affordability crisis.<\/p>\n<p>\u201cOnly two per cent of the listings were suitable for households on some kind of income support without placing them under some kind of household stress,\u201d she said.<\/p>\n<p>\u201cOne of the particular stress points for regional Victoria is that given the lockdowns and the new appetite for people being able to work from home, city dwellers are running for the hills.<\/p>\n<p>\u201cThey are taking up occupancy in regional Victoria and loving that opportunity but unfortunately that\u2019s monopolising rental properties in the area and contributing to a rise in rental affordability.\u201d<\/p>\n<p>Young people have been hit hard by rising rental prices and make up to 24 per cent of the national homeless population, according to the Australian Bureau of Statistics.<\/p>\n<p>Ms Youl said the Federal Government must do more to support young Australians looking for places to live.<\/p>\n<p>\u201cI think it\u2019s really important that rent assistance and other financial support are increased for young people,\u201d she said.<\/p>\n<p>\u201cPeople may have been able to pick up casual or part time positions which then takes them out of that statistic of youth unemployment, but that\u2019s not accurate in really demonstrating that those people don\u2019t have enough money to afford a private rental.\u201d<\/p>\n<p>\u201cOn the day we did the snapshot there were very few properties that were appropriate for single people and only 0.2 per cent of the listings available were suitable for couples on job keeper if they had children.\u201d<\/p>\n<p>According to Anglicare, landlords in regional towns are turning to short-term house sharing websites for income, rather than long-term leases.<\/p>\n<p>\u201cA landlord could have their house leased through something like AirBnb for half the time and make more money than having somebody in for a 12-month lease,\u201d she said.<\/p>\n<p>\u201cWe\u2019re seeing significant numbers of landlords turning to things like AirBnb or Stayz to supplement their income and that\u2019s resulting in those homes that were available for rent no longer being available.\u201d<\/p>\n<p>She also said while a rise in undeveloped coming onto the market and sold to developers quicker, a lack of surrounding infrastructure can deter potential long-term tenants.<\/p>\n<p>\u201cFor something like a short term stay it doesn\u2019t really matter if there\u2019s not a school or appropriate roads and traffic signals nearby, because people are there for a short while and they kind of make do,\u201d she said.<\/p>\n<p>\u201cTo set up a household and actually become a member of a community you need the adequate community support to be available.\u201d<\/p>\n<p>Anglicare Victoria provides statutory out of home care for young people, family support including violence and alcohol support and financial counselling programs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MORE federal assistance for young people is required to combat youth homelessness, according to Anglicare Victoria. Statistics from national campaign to end homelessness, Everybody\u2019s Home, revealed Northern Victoria has experienced a 1.3 per cent increase in the cost of rental houses since March, and a 6.8 per cent increase over the past year. Program manager [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/news\/regions-hit-by-rental-affordability-crisis\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":185,"featured_media":75579,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7],"tags":[],"post_folder":[],"class_list":["post-75578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Regions hit by rental affordability crisis - Bendigo Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bendigotimes\/news\/regions-hit-by-rental-affordability-crisis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regions hit by rental affordability crisis - Bendigo Times\" \/>\n<meta property=\"og:description\" content=\"MORE federal assistance for young people is required to combat youth homelessness, according to Anglicare Victoria. Statistics from national campaign to end homelessness, Everybody\u2019s Home, revealed Northern Victoria has experienced a 1.3 per cent increase in the cost of rental houses since March, and a 6.8 per cent increase over the past year. 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