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Source: SGS Economics and Planning Rental Affordability Index
By Kirsty Smith, Associate, David Lock Associates
This week has seen the release of the national Rental Affordability Index created in Partnership by National Shelter, Community Sector Banking and SGS Economics and Planning. The index confirms that there are more and more people stuck in a cycle of paying ever-increasing rents, with housing costs exceeding 30% of low income households' gross income.