Half of Australian renters are living in squalor
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The 2018 Household Income and Labour Dynamics in Australia (HILDA) survey revealed that ‘housing stress’ – defined as when “housing costs are more than 30% of income and household income places the household in the bottom 40% of the income distribution” – is particularly high for renters:

Whereas the proportion of Australians living in rented accommodation has also increased from 28.0% in 2001 to 31.3% 2016:
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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.