Rental affordability dropped in most cities during 2021, according to new report

Finding an affordable place to live has become a battle for many Australians, and the pandemic has made it tougher in most cities.

The latest annual report on rental affordability, the Rental Affordability Index, has once again found Hobart is the least affordable city, with the average household spending 34 per cent of its income on rent if renting at the median rate.

The report compares average rents with average incomes in locations across Australia.

Read More: https://www.abc.net.au/news/2021-11-24/sydney-and-melbourne-most-affordable-for-renting-says-report/100645960