Call for Action After Record Jump in Sydney Rents

Call for Action After Record Jump in Sydney Rents
A ‘For Rent’ and a ‘For Sale’ sign is seen in Canberra, Australia on Feb. 27, 2023. AAP Image/Lukas Coch
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A record jump in Sydney rents has prompted an urgent call to action from social housing activists.

The harbour city posted its fastest quarterly and annual rise in rents, pushing the median price for a unit to $670 (US$445) a week, according to figures from Domain’s June rent report.

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