Rental Stress

New Zealand not 'catching up' to social housing needs

The Salvation Army estimates New Zealand needs to build a minimum of 2000 social houses a year for at least the next decade just to meet demand. The country's social housing stock needs to grow from 82,000 to more than 100,000 in the next decade. Another 2000 a year was the bare minimum that needed to be constructed and half of those were needed in Auckland.
2017

Housing affordability is not just about youth. 15,000 seniors are homeless

Private rental accommodation is now more unaffordable than owner-occupied. According to the Australian Institute of Health and Welfare, people who rent, spend more of their income on housing than people with a mortgage.
2017

Aged over 60 and female? Here's why you might be at risk of poverty

Poverty is a daily reality for millions of Australian women aged 55 and over. Single elderly women – aged over 60 – living in Australia have the unfortunate distinction of belonging to the lowest income earning family group in the 2017 HILDA survey. This family subset, according to the survey, earns on average, less than $30,000 a year.
2017

Majority of Australian tenants are living in rental stress

The Rent.com.au Rental Affordability Survey of more than 2,000 renters across Australia in April revealed that 53 per cent of tenants reported spending one-third to a half of their weekly income on rent. Rental stress occurs when a person pays more than a third of their income on rent.
2017
Themes:

Two pictures of rental housing stress and vulnerability zero in on areas of need

The article discusses Australia's Rental Affordability Index and the Rental Vulnerability Index. Definition of each term and policy use of the data using Queensland as an example.
2017

More housing needed for Australia's retiree renters

According to a new study from the Swinburne Institute for Social Research (“Security in Retirement”) an increasing number of older people in Australia are experiencing housing insecurity and impoverishment in retirement; predominantly lone person households living in private rental.
2016

Why secure and affordable housing is an increasing worry for aged pensioners

The average housing costs of older (65-plus) outright homeowners in lone-person households were A$38 a week in 2013-14, the Australian Bureau of Statistics calculated, compared to $103 for older social housing tenants and $232 for older private renters. The power of affordable and secure housing to create a foundation for a decent life for people dependent on the age pension is clear. However, t
2016

Single Ageing Women & Housing Security: A Pilot Study of Women Living in the Cities of Unley and Salisbury

Ageing is a policy challenge for all levels of government within Australia, as it is for societies the world over. In many respects, Australia is in an enviable position with respect to ageing strategies, possessing comparatively strong health, welfare and superannuation systems, a relatively strong economy and a high standard of living.
2016

On the Edge: the Financial Situation of Older Renters in the Private Rental Market in Sydney

In this study, based mainly on 17 in‐depth interviews, I explore the financial implications of being an older private renter in Sydney. I illustrate that there are three key factors which determine their degree of financial stress – the actual rent being paid; the degree of support from family members and whether the older renter is living in a single or couple household.
2016

Starting The Innovation Age: Baby Boomers’ perspectives on what it takes to age well

Our mission is to develop and spread solutions that improve the experience of ageing, particularly amongst the so-called ‘baby boomers’. Our focus is on how we might ensure that all people in Australia have the opportunity to age well, not just those who can afford it.
2016
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