“Live in poverty close to the city, or move further out and spend hours commuting.”
Let’s play a game of “Would You Rather?”
Like you used to play in high school. You know, like, “Would you rather accidentally catch your parents having sex, or have to jump in a cage full of piranhas?”
That is what the rental situation in Australian cities is beginning to feel like. Only this time, we’re choosing between long and expensive commutes to work, or workshopping dinners based on baked beans six nights a week. Poor or far. Pick your poison.
And Sydney is the toughest of the lot. That was the bottom line of the Sydney Morning Herald article this morning discussing the outrageous rental prices in inner-city Sydney. Hardly inspiring, the article confirms what I have long suspected: it’s not me, it’s them.
After spending around six years renting in Melbourne, the prices of similar housing here in Sydney was a shock to the system. At almost twice the price of what I was paying before, it wasn’t really clear what the price hike was about. Was it because we were closer to the equator? Were there flecks of gold available for sifting in a backyard stream? Wait, did we even have a backyard?
Like most of our Aussie cities, the inner city housing was typified by old (“character-filled”) multi-story houses — think rambling terraces with slightly musty bathrooms and dark bedrooms, pokey kitchens, and tiny staircases that make visually impaired people like myself clammy with fear.
Unlike most, however, these houses weren’t occupied by Arts students and freelance writers; rather, Sydney’s professionals were residing here. You know, the fancy people. Rent increases were pushing the Audi drivers out of their polished-wood-and-stainless-steel apartments of the CBD, and into the older houses of the inner suburbs.
“If they need to live close to the inner city, they have to put more than 60 per cent of their income towards rent, leaving them in severe housing stress which is defined as spending more than 30 per cent of total income on housing.” – Sydney Morning Herald.
Um, if spending 30% of your hard earned bones on a roof over your head equals ‘severe housing stress’, then what does it mean to spend 60% of your cash? Self-implosion?
And that’s not even the worst news.
Wanna live in a truly fancy suburb like Darling Point or Woolahra? You’re looking at forking at an insane 70-85% of your weekly income on your house. So whilst your address will be on point; be prepared for your fridge to be empty, and your weekend plans to involve a lot of sitting alone on park benches wondering what your pals in Newtown are doing with their significantly higher amounts of spare cash.
The housing that WAS affordable — based on the average income — all sat almost 50km from the city centre. That’s around one hour by car, or three and a half hours by public transport.
BECAUSE THAT’S WHAT WE ALL FEEL LIKE DOING AFTER A LONG DAY OF STARING AT A BOTTOMLESS INBOX AND DEALING WITH GROPEY JOSEPH FROM ACCOUNTS AND EATING DIRTY OLD CHINESE FOOD FROM THE FOOD COURT FOR LUNCH.
This kind of urban struggle was something most Australians attributed to overseas jaunts — you know, nibbling slowly on a baguette that cost you $25 because you just love Paris so much; or living in a New York broom cupboard because it was always your dream to be on Broadway.
The suburbs of our capital cities were meant to be home. Friendly and familiar, lined with jacarandas and cornered with the local pub. Flatting with friends, and one day buying a place of your own. A dream that is feeling further and further away with every house inspection I go to.
If we are spending 60% of our dollars on rent, then what happens to all the other lovely things in life that deserve our bucks? As someone in her late twenties, I want to spend my money on clothes, soft cheese, and expensive cocktails that involve gold-leaf-dusted-rims before I have a kid, mortgage, and waistline to think about.
Struggling financially as a young person is fine, struggling financially because you’re being crippled by outrageous rent is not.
What do you think? Are rental costs affecting your lifestyle?
Top Comments
I'm trying to find a place to live in Newcastle and the application process is killing me! They want every single detail of your life and SO many references! and rental checks with old agents..... I'm going mad! it takes hours and hours to fill out these application forms only to have no response for weeks or constant rejections; I have been trying to get in contact with my current agent in Canberra for MONTHS, how are they going to get a proper rental reference from her if I can't even get in contact with her? I have a 5 year old and a dog, I'm on single parenting payments and its impossible to find a place to live.
I live 40k from the Melbourne CBD and it used to take me an hour by train peak hour express. I used to take a book or mag and enjoy relaxing before work and after on the train, no biggie. Three and a half hours to travel 50k by public transport sounds ridiculous, or very bad public transport in Sydney.
Without kids it may be a bit easier- But when you are zoned for a local school and work 50k away because you cant lose the job that pays the rent and that one day you will climb the ladder and get a better wage, but you struggle to get to and from work whilst juggling before and after school care (not to mention the "your child is sick" phone calls!).
cant use public transport - apart from the time it takes, a good 50% of the time it doesn't even show up!
Yep, would never have done it with young kids, I was lucky enough to get a transfer closer to home after maternity leave finished.