Presentation on theme: "August 2009 by Mark O'Brien, CEO Hardship & Residential Tenants Presentation to Community & Financial Hardship Conference."— Presentation transcript:
August 2009 by Mark O'Brien, CEO Hardship & Residential Tenants Presentation to Community & Financial Hardship Conference
characteristics of private tenants 1 in 5 households (350,000+) 70,000 households in social housing high level of single and single parent households high level of low income households 85,000+ private renter households earn less than $500 per week significant NESB component 60,000+ private renter households with LOTE speaker new arrivals less transition 40%+ renting for more than 10 years
unaffordable high rents relative to low incomes < 1:5 affordable for low income increasing rents 12% for 12 months (< March 2008) limited effect of rent assistance 35% of CRA recipients still in housing stress ( >100K households) low wage singles excluded
inappropriate poor standard more repairs required and more structural defects (1:5 require repair) less energy efficient ( 1:10 no heating) poorly located affordable housing v job opportunities, social services etc. overcrowding 16.5 % of households (v 2.7% owned) poor security of occupancy no reason eviction
inaccessible discrimination real estate agents and landlords tenancy databases ( 1.3m listed) shortage of low cost rental housing general vacancy rate 1.4% est. 14,000 units in Victoria negligible alternative supply public housing targeting community housing sector <1% of all existing housing tenures
private market failure is not new Henderson Inquiry 1975 “Our research…showed that after meeting housing costs, renters of privately owned accommodation are substantially poorer than the rest of the population.” >30 years of policy development and implementation implementation of CRA (1982) negative gearing (1985/1987) public housing targeting (1990’s) homeless services growth
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