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Rental affordability hits record low in nearly every Australian capital | ABC News [Video]

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Rental affordability hits record low in nearly every Australian capital | ABC News

New data shows rental affordability has hit record lows in nearly every major capital.

The annual Rental Affordability Index released by SGS Economics and Planning, and National Shelter, confirms low-income earners are bearing the brunt of soaring rents.

Lead researcher Ellen Witte says Perth has now overtaken Sydney as the least affordable city to rent in Australia.

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