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The objective of this research was to establish whether the diminishing supply of affordable housing options for lower income (LI) workers near job-rich central city (CC) locations is having an impact on CC businesses and on the overall productivity of CC...
This report finds low-income and other vulnerable groups are being forced into informal housing arrangements, such as share accommodation. A chronic shortage of social and affordable housing means some people are forced to live in severely overcrowded situations that contravene planning and building regulations.
The ongoing trend of increasing housing cost pressures on lower-income Australians over the past decade provides the context for the high incidence of financial stress, particularly among tenants in low-rent areas of Sydney and Melbourne.
The study examines whether the diminishing supply of affordable housing options for lower income central city workers is having an impact on central city businesses and on the overall productivity of those economies.