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The Guardian - AU
The Guardian - AU
National
Peter Hannam

Locked out: housing has become a path to wealth, but renters have been left behind

Signage for a real estate property is seen in Melbourne
Average rents have risen 12.9% in the two years to March, while for regional renters they have increased by a fifth, almost double the rate in the capital cities. Photograph: James Ross/AAP

Scott Morrison’s comment last month that “the best way to support people renting a house is to help them buy a house” was seized on by some as a “let them eat cake moment”.

The prime minister was responding to a question from Channel Nine’s Today Show about why the federal budget hadn’t done more for renters. The query was unusual because renters typically get far less heed from media and politicians than homeowners, despite them making up about a third – and rising – share of the population.

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