Ep. 61 - WA Rental Affordability Snapshot: Special Report on Essential Workers

Help Shape The HMO Property Show! Tell us what you love, what you'd change, and what topics you want next. Take our quick survey here: https://wkf.ms/419QNLa Welcome back to another episode of The HMO Property Show! In this episode, Neil discusses the current state of the rental market in Australia, focusing on the rental affordability crisis faced by essential workers. He highlights the findings of the Anglicare Australia rental affordability snapshot, which reveals that the rental market has never been less affordable. Neil emphasizes the impact of rising housing prices and stagnant wages on essential workers, such as nurses, schoolteachers, and ambulance officers, who are being priced out of the market. He also discusses the need for more affordable housing options and the role of impact investing in addressing the housing crisis. Key Takeaways:  - The rental market in Australia has become increasingly unaffordable, with rising housing prices outpacing wage growth. - Essential workers, such as nurses and schoolteachers, are struggling to find affordable rentals, with only a small percentage of listings within their budget. - The shortage of affordable rentals is impacting the mental well-being and job performance of essential workers. - The government's efforts to address the housing crisis through social housing initiatives are inadequate, and private investors can play a significant role in providing affordable housing solutions. - Increasing the supply of affordable housing and implementing fairer tax systems and renter protections are crucial steps in addressing the rental affordability crisis. Enjoy! For more information, visit For those that prefer to watch you can also catch us on YouTube. Want help with your investment strategy? Reach out to us for a free, no-obligation initial chat with our team and see how we can help you with your investment journey. Book Now Join the Perth HMO and NDIS High Cashflow Investment Properties Facebook Group. The HMO Property CoWebsite: www.thehmopropertyco.com Instagram: @the_hmo_property_co FaceBook: The HMO Property Co LinkedIn: The HMO Property Co YouTube: The HMO Property Co TikTok: thehmopropertyco_ Spotify: The HMO Property Show Apple Podcast: The HMO Property Show JNG Property Group - https://www.jngpropertygroup.com/ Disclaimer Nothing on this channel should be considered tax, financial, investment or any kind of advice. Everyone should do their own due diligence as only a professional diagnosis of your specific situation can determine which strategies are right for your situation. Our goal is to frequently feature edgy and actionable value, thought leadership and property/investment strategies.