Roof Us First is a social innovation campaign aimed to raise awareness about the growing crisis of rental affordability for low-income households in Australia, particularly Sydney. With over 15,000 rental properties listed, only 1 is found to be suitable and affordable for these low-income households which makes me wonder, where do these people end up living?
Rental Affordability to Low-Income Households occurs when individuals that are struggling financially within the Australia population, even with the help of government payments, are unable to pay for an affordable home to live in. Housing Stress occurs when households are expected to pay more than 30 per cent of their income on rent ALONE and currently, low-income households in Australia are paying around 65 PER CENT of their income on housing, resulting in the giving up of necessities such as food and medicine.
Every year, the Government aims to put aside some money to assist housing problems that occur, however, with the Government estimated to spend $450.55 billion next financial year, only $3.6 billion will be spent on housing (THIS IS ONLY 0.8 per cent OF THE BUDGET). Similarly, the National Rental Affordability Scheme (NRAS) which was a partnership between the Australian Government and all the states and territories to invest in houses to create affordable rental houses was announced to be REMOVED by the Australian Government in 2014, meaning that the Budget NO LONGER provides GOVERNMENTAL FUNDING for affordable homes. So without any Government support, what do low-income households, aiming to pay rent on a weekly basis as well as utilities, bills and fees have to sacrifice in order to make ends meet? FOOD, CLOTHES, CHRISTMAS GIFTS, BIRTHDAY PRESENTS…..
Notice where the black arrow is located in the image below! That’s how much of the yearly budget is spent on housing and community amenities within the year, with only $3.6 billion going towards the actual problem housing… not too little but not a lot either.
Source: Elvery & Spraggon, 2016, ‘Budget 2016 sliced and diced: Where every dollar comes from, and how it is spent’, <http://www.abc.net.au/news/2016-05-03/budget-2016-sliced-diced-interactive/7363834#spending/breakdown/2017/education>
The issue of rental affordability is a major issue and will continue to become a bigger issue if nothing is done about it or if any investments will not go to it.
Hopefully the start of this blog will also the the start of a solution to decrease the crisis of rental affordability within Sydney.
Also follow us on Twitter at: https://twitter.com/roofusfirst
and Like our Facebook Page: https://www.facebook.com/roofusfirst/
Stay Tuned for Weekly Updates!!!
Roof Us First