Published: November 28, 2018
Tourism popularity means tenants are being pushed out of the market by short-term holiday accommodation
Hobart’s popularity as a tourist destination has made it Australia’s least affordable city for renters, with short-term holiday accommodation pushing residential tenants out of the market.
The Rental Affordability Index, published on Thursday, has found average rentals in metropolitan Hobart are now unaffordable to many households after rental affordability dived even lower during winter.
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