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  • Rental affordability worst since 2008 as..

Rental affordability worst since 2008 as rent hikes outpace income growth

10/03/2025
Clinton Maynard
Article image for Rental affordability worst since 2008 as rent hikes outpace income growth

Rents have increased 48% since pre-pandemic levels, while household incomes have only grown by 19%, putting renters under immense financial strain.

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