‘No doubt we will see more homelessness’: Rents increase more than six times the rate of wages

‘No doubt we will see more homelessness’: Rents increase more than six times the rate of wages Australian renters have suffered another blow as rent increases outpaced wage growth in the latest quarter, new analysis shows. Experts say other interim measures, such as rent caps and slowing immigration, are needed until more homes are built to ease pressure on renters. Asking rents for houses rose by more than six times the rate of wages in the March quarter, a comparison …