Rents are skyrocketing across the country and you probably know someone with a renting horror story to share. With vacancy rates in Sydney and Melbourne, sitting at 2% and below 1% elsewhere in Australia, finding an affordable place to live is becoming increasingly difficult.
In today’s Briefing, we share the story of a 32-year-old woman who stood up to her greedy landlord by taking them to the NSW tribunal.
Chantelle Schmidt was renting a flat in Sydney’s inner-west with two other housemates when their property manager informed them their rent would be increasing from $950 to $1300 – a whopping $350 increase per week.
After attempts to negotiate the amount, Schmidt realised the only option she had left was to go to the tribunal.
When we put in the application, everything changes in the mind of your property manager and landlord. That’s when the mind games started to begin.”
“Unfortunately in this industry, there are too many people that are taking advantage of people in vulnerable positions right now.”
In this episode of The Briefing, the horror stories Australian renters are facing and what impact it has on the lives of those affected.
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