Australians facing a cost of living crisis save $366 weekly on housing by increasing housemates due to rising demand for shared housing.

Australians facing a cost of living crisis are saving $366 weekly on housing by moving in with more housemates, according to new figures. Demand for shared housing is rising, but experts warn this could compromise single renters' autonomy and put pressure on families competing with multi-income households for larger properties. Rents for larger houses have increased 8.7% year-on-year to June, while one-bedroom unit rents have decelerated.

July 28, 2024
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