{"id":44256,"date":"2023-08-18T08:07:03","date_gmt":"2023-08-17T20:07:03","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=44256"},"modified":"2023-08-18T08:07:03","modified_gmt":"2023-08-17T20:07:03","slug":"desperate-sydney-renters","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/desperate-sydney-renters\/","title":{"rendered":"Desperate Sydney renters"},"content":{"rendered":"<p><strong>PHOTO: Many Sydneysiders are choosing to give up their privacy.<\/strong><\/p>\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-bjzsv-79elbk h-full dark:bg-gray-800\">\n<div class=\"react-scroll-to-bottom--css-bjzsv-1n7m0yu\">\n<div class=\"flex flex-col text-sm dark:bg-gray-800\">\n<div class=\"group w-full text-token-text-primary border-b border-black\/10 dark:border-gray-900\/50 bg-gray-50 dark:bg-[#444654]\">\n<div class=\"flex p-4 gap-4 text-base md:gap-6 md:max-w-2xl lg:max-w-[38rem] xl:max-w-3xl md:py-6 lg:px-0 m-auto\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gap-1 md:gap-3 lg:w-[calc(100%-115px)]\">\n<div class=\"flex flex-grow flex-col gap-3\">\n<div class=\"min-h-[20px] flex flex-col items-start gap-3 overflow-x-auto whitespace-pre-wrap break-words\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>A recent study has revealed that a significant number of residents in <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Sydney&amp;submit=Search\">Sydney<\/a> are relinquishing their privacy in order to secure a place to live. The study, conducted by the University of Sydney\u2019s School of Architecture, Design, and Planning, highlights share housing as a prevalent solution in the current housing market challenges.<\/p>\n<p>Led by Professor Nicole Gurran, along with Dr. Zahra Nasreen and Dr. Pranita Shrestha, the study showcases how a growing number of Sydneysiders are resorting to share housing due to the absence of stable and affordable housing options. The study identifies that about four percent of Sydney&#8217;s households fall under the &#8220;group&#8221; category, encompassing unrelated adults cohabitating. In inner Sydney, the percentage of such &#8220;group&#8221; households has surged to nearly 11 percent.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"HDkTwCAYC2\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/why-more-chinese-buyers-are-snapping-up-sydney-property\/\">Why more Chinese buyers are snapping up Sydney property<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cWhy more Chinese buyers are snapping up Sydney property\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/why-more-chinese-buyers-are-snapping-up-sydney-property\/embed\/#?secret=iUuDZay4no#?secret=HDkTwCAYC2\" data-secret=\"HDkTwCAYC2\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Professor Gurran emphasized that informal sharing arrangements have received less attention from research and policy due to their elusive nature, making them difficult to observe and regulate.<\/p>\n<p>The research concentrated solely on Sydney and analyzed online platforms like Flatmates.com.au. It elucidated that while shared living arrangements were once considered a significant developmental milestone for young adults, they have now become more of a necessity due to increasing obstacles in property ownership and a shortage of rental offerings. Professor Gurran stated, &#8220;Within these contexts, new sharing practices and informal markets for shared accommodation are emerging, often via online platforms.&#8221;<\/p>\n<p>&#8220;Despite a period of sluggish population growth during the COVID-19 pandemic and the option to potentially move to more cost-effective housing markets while working remotely, we are witnessing a sustained demand for share housing through these platforms,&#8221; Professor Gurran added.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"fBhDyyPXV5\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/what-the-average-ray-white-real-estate-agent-earns\/\">What the average Ray White real estate agent earns<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cWhat the average Ray White real estate agent earns\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/what-the-average-ray-white-real-estate-agent-earns\/embed\/#?secret=NBCIT2aYYa#?secret=fBhDyyPXV5\" data-secret=\"fBhDyyPXV5\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>This ongoing demand signifies that in pricey cities like Sydney, the pressures of affordability outweigh preferences for personal space, independence, or housing amenities. The study indicated that one-fourth of individuals seeking shared housing had a rental budget of up to $200 per week, which implies that fewer than five percent of available shared vacancies were within their budget.<\/p>\n<p>The research underscored the significance of share housing as an essential default market for vulnerable individuals within the housing system, including those with financial constraints, young adults in transitional phases, and employees seeking proximity to their workplaces.<\/p>\n<p>Nevertheless, the researchers also cautioned that this trend brings potential new vulnerabilities for renters, necessitating increased scrutiny and policy intervention. They proposed repurposing platform technology for positive social outcomes by connecting diverse groups of people who struggle to access affordable rental housing in the private market, thereby offering secure and appropriate alternatives.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"w0Q7IOpgo0\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/chinese-property-buyers-tipped-to-return-to-australian-housing-market-watch\/\">Chinese property buyers tipped to return to Australian housing market | WATCH<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cChinese property buyers tipped to return to Australian housing market | WATCH\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/chinese-property-buyers-tipped-to-return-to-australian-housing-market-watch\/embed\/#?secret=DvOxisIYuB#?secret=w0Q7IOpgo0\" data-secret=\"w0Q7IOpgo0\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>Professor Gurran concluded, &#8220;As we are aware, the shortage of affordable housing persists. This study contributes to the growing body of research highlighting the need for policy intervention to support and subsidize affordable rental housing in high-demand areas. Additionally, it&#8217;s crucial to ensure that future residential developments can accommodate various household types.&#8221;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>SOURCE: <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/desperate-sydney-renters-willing-to-give-it-all-away\/news-story\/9e9b5e9f90b0d50be7b3738e1e8c3dbe\">NEWS.COM.AU<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Many Sydneysiders are choosing to give up their privacy.<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/desperate-sydney-renters\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":44257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478126750,478126738,478126740,478126739,478105801,478126742,478126751,478126745,478110835,478099030,478126747,478126743,478110097,478112701,478126749,478126735,478101105,478117941,478126752,478126737,478126741,478126736,478124414,478099712,478101106,478126746,478126748,478126744],"class_list":["entry","author-data123nz","post-44256","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-affordable-rental-housing","tag-design-and-planning","tag-dr-pranita-shrestha","tag-dr-zahra-nasreen","tag-flatmates-com-au","tag-group-households","tag-high-demand-locations","tag-home-ownership-barriers","tag-housing","tag-housing-market","tag-income-constraints","tag-informal-sharing-arrangements","tag-inner-sydney","tag-online-platforms","tag-policy-intervention","tag-privacy","tag-professor-nicole-gurran","tag-rental-supply","tag-residential-developments","tag-school-of-architecture","tag-secure-and-affordable-housing","tag-share-housing","tag-sydney-renters","tag-sydneysiders","tag-university-of-sydney","tag-vulnerable-people","tag-workers","tag-young-adults"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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