Housing Stress Statistics for April and May

From today's The Urban Developer

Housing Stress Doubles During Covid-19


"Findings described in a report from the Australian National University paint a “disturbing picture” for renters and young adults when it comes to housing stress.

The data shows that between April and May this year, the proportion of Australians reporting that they had not been able to pay their mortgage or rent on time increased from 6.9 per cent in April to 15.1 per cent in May."

"Report co-author professor Matthew Gray said the findings show the level of housing stress is substantially higher for renters than mortgage holders."


I wonder whether June's figures will be slightly better or worse?

 

I think worse

 

indeed, once jobkeeper dries up it will not look good.

 

I think jobseeker will be extended, however is really going to struggle, lets see how other States pan out

 

Going to end up with huge debt on Govt balance sheet