Underoath said...
LOW income earners in Perth are battling harder to find homes to rent, new research by Anglicare shows.
The median price of a rental property in Perth has jumped 16 per cent to $520 per week, up from $450 per week in 2012.
Anglicare's Rental Affordability Snapshot 2013, released today, shows only five per cent of Perth's rental market is affordable for people on the minimum wage.
Couples on the minimum wage with children can only afford 2.6 per cent of rental properties, down from 7.8 per cent last year.
The situation is even worse for people on benefits or pensions, who can access less than one per cent of the city's rentals.
For young people trying to move out of home, it's particularly tough, chief executive Ian Carter says.
''Whether they are studying, on a benefit or a minimum wage entry level job, the market is far beyond their price range,'' Mr Carter said.
Far beyond is an understatement..............Seriously, how are people meant to survive let alone have some sort of a life. It is no wonder that there are many occupations that Australians don't want to pursue anymore because to do so will result in major financial disadvantage. Lunacy........unless you have a combined income of 160K+ per year it would be kind of crazy to think about having any more than 1 kid.
