Population ponzi causes shocking decline in Melbourne affordable rentals

Wednesday 20 December 2017

The Victorian Department of Health and Human Services (DHHS) has released alarming new data showing a massive decline in affordable rental options across the city.

While the annual growth in median rents across Metropolitan Melbourne moderated to 3.5% in the year to September – still well above both inflation and income growth:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.