Booming house prices have dramatically changed the profile of the - TopicsExpress

Booming house prices have dramatically changed the profile of the average renter in Victoria, with new analysis to be released on Wednesday showing families now rent 42 per cent of the states privately leased homes.Experts say the change is the consequence of the massive spike in home prices since 1997, and argue Victoria needs to dramatically change its laws around renting to give more power to tenants and make it harder for landlords to evict long-term renters. More than one million people now live in private rental housing in Victoria.

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