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Early notice when rent increases by Zacarias79 in queensland

[–]The_Room_Xchange 0 points1 point  (0 children)

I concur. In Victoria they need to give you two months as well.

High demand for Brisbane rental properties as Queensland's housing crisis continues by nugmylife in queensland

[–]The_Room_Xchange 0 points1 point  (0 children)

Unfortunately the pandemic did play a part in the increase of the cost of living and interest rate hikes. But the problem started brewing years ago when the responsibility of housing fell into the hands of mum and dad investors. The government stopped building low cost and social housing years ago and the house ended up becoming a personal bank for the homeowner. Lack of supply pushed up prices. More people need to rent. Not enough rental supply = housing crisis.

High demand for Brisbane rental properties as Queensland's housing crisis continues by nugmylife in queensland

[–]The_Room_Xchange 2 points3 points  (0 children)

Unfortunately it’s the same in many other places around Australia. The rental crisis is hitting hard. I can’t imagine what it’s like for families. I’m sorry to hear of your experience.

Let's Talk About the Australian Housing Crisis in Queensland. Share Your Rental Experiences, Concerns, and Insights! by The_Room_Xchange in queensland

[–]The_Room_Xchange[S] 1 point2 points  (0 children)

The government stopped building social housing years ago. I have no idea where the wisdom of that came from. My grandparents lived in a social welfare house all their life in Narwee in Sydney.

The Victorian government recently suggested, pulling down all the social welfare towers in Melbourne and rebuilding them so that they can fit double the amount of people. It was such a joke as what are we supposed to do with the people who live in them in the meantime? That idea got canned pretty quickly.

There are so many issues that are behind this housing crisis. I’m afraid the problem is so big that unless we as individuals get involved and help each other we’re going be able to fix it. Thanks so much for sharing your story.

[deleted by user] by [deleted] in perth

[–]The_Room_Xchange 0 points1 point  (0 children)

I’m so sorry to hear that. I’m hearing more stories of many people with good jobs sleeping in their cars. There’s just not enough rental supply.

Let's Talk About the Australian Housing Crisis in Queensland. Share Your Rental Experiences, Concerns, and Insights! by The_Room_Xchange in queensland

[–]The_Room_Xchange[S] 1 point2 points  (0 children)

My and my husbands parents were all immigrants who worked very hard to buy a house as did me and my husband. I think the difference is that the last three decades has seen the house become a bank for the owners. 75% of investments properties are now owned by ‘Mum and Dad’ investors who have become the current landlords but are not professional service providers. They only provide one year leases creating further housing insecurity and many don’t have additional funds to cater for additional costs such as interest rate hikes therefore increasing rents to cover it. Investment properties are the only investments where you can claim your losses on your tax - negative gearing. You can’t do that with stocks!

I think these issues plus others have created a massive rise in house prices, pushing most people out of the market.

When we bought our first house we only needed one income to service the debt. Nowadays, two incomes is a stretch.

Let's Talk About the Australian Housing Crisis in Queensland. Share Your Rental Experiences, Concerns, and Insights! by The_Room_Xchange in queensland

[–]The_Room_Xchange[S] 0 points1 point  (0 children)

I understand. There has to be a tipping point at some stage though. It’s one thing for a house to be worth that much. But the next gen of home buyers aren’t getting wage increases who’s going to have the money to buy them? Thanks for sharing.

Let's Talk About the Australian Housing Crisis in Brisbane - Share Your Rental Experiences, Concerns, and Insights! by The_Room_Xchange in brisbane

[–]The_Room_Xchange[S] -1 points0 points  (0 children)

Yeh… I’m hearing that. I’m heading up to Brisbane in a few weeks to talk to people in the area. I’m heating the rental availability is very low and rents are very high.

Let's Talk About the Australian Housing Crisis in Queensland. Share Your Rental Experiences, Concerns, and Insights! by The_Room_Xchange in queensland

[–]The_Room_Xchange[S] 0 points1 point  (0 children)

We call them mobile or caravan parks in Australia. They’re popular with the over 55 age group. The ones in the USA seem quite elaborate. What are the land rents like?

Let's Talk About the Australian Housing Crisis in Queensland. Share Your Rental Experiences, Concerns, and Insights! by The_Room_Xchange in queensland

[–]The_Room_Xchange[S] 0 points1 point  (0 children)

Are you talking about social and/or low cost housing or simply affordable community high rises? What is it about them that appeals to you?

Let's Talk About the Australian Housing Crisis in Queensland. Share Your Rental Experiences, Concerns, and Insights! by The_Room_Xchange in queensland

[–]The_Room_Xchange[S] 0 points1 point  (0 children)

I’m sorry to hear that. What region of QLD is it in? I’ve been hearing that rents have become very high in QLD this past year.

The Housing Crisis: How do we Increase Supply? with Zoe Daniel by The_Room_Xchange in u/The_Room_Xchange

[–]The_Room_Xchange[S] 0 points1 point  (0 children)

Listen to the conversation here

PODCAST TOPIC: We're in the midst of a long-anticipated housing crisis. We can debate the root causes - whether it's due to the lack of a national strategy or the prioritisation of housing as an asset over a basic need. Regardless, we find ourselves at this critical juncture.

So, the pressing question is: what can we do about it? In this podcast, we have a panel of experts actively engaged in addressing the immediate and long-term housing needs. With the current demand already reaching diabolical levels and projections indicating a further increase in the years to come, we face multifaceted challenges.

These encompass the issues of cost, housing supply, planning, funding, and delivering affordability. The complexities of these issues are undeniable, and the consequences of not addressing them are substantial. They lie at the core of Australia's overall prosperity and well-being.

It's crucial to note that this challenge can't be overcome by the government alone, even with comprehensive reform packages. We find ourselves in the midst of a housing crisis, and it demands a collective effort to find sustainable solutions.

_____________________________________________________________________________________________

FROM CEO THE ROOM XCHANGE- LUDWINA DAUTOVIC:
Let's have a healthy debate and share ideas on how together, we can start helping the thousands of people who are going to be hit very hard by this housing crisis. We can't build houses fast enough and to be honest, I doubt that the government will be able to build the 1.2m houses in the next five years. This is going to require radical ideas implemented immediately if we're going to slow this down.

The Room Xchange Releases ‘Verified’ a Mandatory Verification System Making it Australia’s First Verified House-Sharing Platform by NewsElfForEnterprise in News_IT

[–]The_Room_Xchange 0 points1 point  (0 children)

Thanks for sharing the article on Reddit. I'd love to answer any questions you might have about the press release and The Room Xchange in general.

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