Housing stress is on the rise: 7 essential charts from this year’s HILDA survey
The high cost of housing is also keeping half of young adults up to age 29 living with their parents.
Housing stress in Australia has been on the rise, with the share of mortgage holders experiencing housing stress more than doubling among low-income earners in five mainland capitals from 2021 to 2024. Renters in these areas are also facing higher rates of housing stress, with nearly one in four experiencing it in 2024. Regional areas saw the largest long-term increase in housing stress, with rates rising from around 13% in 2001 to 29% in 2024.
Housing costs and incomes vary across Australian regions, with renters in capital cities experiencing higher rates of housing stress compared to those in regional areas.
Written by urgent.news from The Conversation AU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.