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Housing affordability: Essential workers forced to move hours from their jobs as rents and house prices boom – Domain News

Looking to buy a house on the wages of a teacher or a nurse? This is how far you’d have to move from the CBD to avoid being in financial stress from sky-high mortgage…



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Essential workers in Sydney and Melbourne are being forced to move far from where they work to afford to rent or buy a home, new research shows.
Moderate-income workers such as nurses and teachers are struggling to afford housing and are moving away to avoid being in housing stress, defined as spending more than a third of their wage on housing-related costs.
Even so, more than 52,000 essential workers in Sydney and more than 37,000 in Melbourne were still suffering housing stress, the study, Housing…

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