google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
Australia

Australia’s rental crisis pushes mum Rebecca to move 42 times in 37 years

Rebecca is experiencing the sharp reality of Australia’s housing crisis.

For more than 37 years, two 58 -year -old mothers have moved 42 times in an endless struggle to provide a stable, long -term rental.

“It is very difficult to leave roots in a community,” he said to Newswire.

“You can’t be volunteer, you can’t encourage children, if you are not in a safe rental, there is a lot you can’t do.”

He said an increase in short -term holiday homes, including Airbnbs, broke the supply of rent options for him.

In an example, he said that he provided rental in Adameled Hills, but then the host sold the property and the new owner turned him into a short -term offer.

“There are a few places like this,” he said.

“The owner, who was a rental, sold it to another owner who changed his property to an Airbnb, so I had to go.”

Now, Glenelg is paying cash to rent a room in Adelaide coastal suburb.

“Absolutely cash. These people (landlords) do not want anyone to know,” he said.

Camera iconRebecca fought for years to provide a stable long -term rental. He said that an increase in short -term accommodation contributed to the challenge. Given Credit: News Corp Australia

“It just causes too much deterioration, and it is expensive to move every time, expensive to run to look for new rental,” he said.

“You know that when your home doesn’t feel safe or your home will probably come out of you at any time, it just makes it really hard to relax.”

The advocacy group says that everyone’s house shows that the story of Rebecca’s negative gear tax concessions distort the housing market.

Negative gear allows real estate investors to balance property loss according to taxable income.

The measure is designed to encourage housing supply, but everyone said that home spokesman Maiy Azize, incentive should not go to short roads such as Airbnbs and Stayz.

“Everyday people are based on the invoice for property investors to write losses from holiday homes, and all families are priced from their communities because they cannot find affordable rents,” he said.

“Raising rents throughout the country are bored of rising rents and a shrinking number of affordable houses-and in many parts of the country, short-term accommodation is only getting worse.

“Generous tax cuts for investors, including short -term accommodation, increase the inequality of reserve and increase housing prices for everyone.”

In a new report, the Group argues that negative gears reward speculative investment in short -term housing for long -term rental supply, especially in regional and touristic areas.

In the report, the increase in short -term accommodation has led to a decrease in rent supply, higher rents and the displacement of local workers and families, ”he said.

“Nevertheless, the tax system acts like this short -term holiday, long -term rental housing and reward them accordingly.”

The University of Queensland shows that there are more than 167,000 “all houses olan listed as short -term rental accommodation.

Everyone's house argues that negative toothed privileges for short -term accommodation disrupt long -term rental supply. Picture: Newswire / Flavio Brancaleone
Camera iconEveryone’s house argues that negative toothed privileges for short -term accommodation disrupt long -term rental supply. Newswire / Flavio Brancaleone Credit: News Corp Australia
Housing Minister Clare O'Neil rejected changes in the negative gear. Picture: Newswire / Martin Ollman
Camera iconHousing Minister Clare O’Neil rejected changes in the negative gear. Newswire / Martin Ollman Credit: News Corp Australia

Modeling from everyone’s home shows that eliminating negative gears for these short -term rents can return to the Treasury between $ 111 million to 556 million dollars each year, depending on the percentage level of negative, gear properties.

Everyone’s house wants the federal government to change the Income Tax Evaluation Law to ensure that the properties “first used for short -term accommodation” are not suitable for negative gear deductions.

In the longer term, the group wants to remove negative gears in all investment properties.

However, Anthony Albanese rejected changes in negative gears.

The Prime Minister told Sky News during the 2025 election campaign, “I told people that we can’t make changes to people, evidence is in pudding.”

“If we were going to make changes, why didn’t we?

“The key to the house supply, supply and more supply.”

Housing Minister Clare O’Neil, while talking this month, the government will allocate $ 43 billion to increase supply and the national construction code by pause and ordering the bureaucracy in the construction of the bureaucracy, he said.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button