The latest Rental Affordability Index (RAI) report, released 29 November 2017, shows that rental affordability in Greater Hobart has fallen to its lowest point since the RAI began in 2015. Hobart remains the second least affordable capital city after Sydney due to lower incomes.
National Shelter, Community Sector Banking and SGS Planning & Economics have released the Rental Affordability Index (RAI) biannually since 2015. The RAI is an easy to understand indicator of the price of rents relative to household incomes based on new rental agreements.
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