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Why $130,000 a year is no longer enough to avoid housing stress in WA

A new report sets out that no more than 30 per cent of a household budget should be allocated to rent to avoid financial stress. So how do those on higher incomes fare?

Why $130,000 a year is no longer enough to avoid housing stress in WA

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More in Business

Storm clouds gather for housing market

The outlook for Australia’s housing market continues to darken. The weekend’s auction results disappointed again, with the national capital city preliminary clearance rate falling to 53.2%, down from…

  • Housing market in Australia faces crisis, preliminary clearance rate drops to 53.2%
  • Auction volumes decline 31.9% compared to same weekend last year
  • Price correction accelerates, reaching 3.7% decline across major markets

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