Sydney’s migrant-stuffed west worst for rental stress

Wednesday 1 May 2019

Australia’s mass immigration program might be a dream come true for developers, since it provides an endless flood of new residents and pressure for development:

However, it is a nightmare for the working class, as evident by the surge in rental stress and homelessness, especially across migrant-stuffed Western Sydney, which has the two worst electorates for rental stress according to a new report by Everybody’s Home:

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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.