The housing market is cooling. But the affordability crisis isn’t over | Greg Jericho | Business

The latest housing finance figures from the Bureau of Statistics released on Tuesday show that investors continue to flee the housing market, but owner-occupiers are also taking out fewer mortgages than they were a year ago. Even with interest rates at, or near, record lows, right now the decision to …

UTAS buys Hobart hotel to house students, as rent affordability crisis set to escalate

UTAS buys Hobart hotel to house students, as rent affordability crisis set to escalate

Updated May 22, 2018 16:32:13 Photo: Hobart’s Midcity hotel will eventually house up to 170 students by the start of 2019. (TripAdvisor Australia) With Hobart on the verge of becoming the most unaffordable capital city for renters, the University Of Tasmania has taken the step of buying a three-star city …