Road still bumpy for renters, borrowers on Struggle Street
A slight improvement in vacancy rates has done little to quell the rental crisis, while a disturbing proportion of home owners are also doing it tough and missing mortgage repayments.
The top ten suburbs for affordable house rentals nationally are all in Melbourne (see affordable top ten suburb lists for houses and units below) (Image source: Shutterstock.com)
Any joy renters might have had that there had been a fractional improvement in vacancy rates around the country have been extinguished by rents still rising.
For home owners struggling to pay the mortgage, the picture is no brighter.
New research has shown that a worrying one in eight borrowers has missed one or more payment deadlines in the past six months.
An additional 32 per cent of borrowers who did pay on time told the Finder survey that…
