via news.com.au:
Some Sydney renters are facing the prospect of having to share a bedroom with one or two other roommates as the housing crisis shows no signs of abating.
The shocking conditions being advertised in Sydney rental homes has sparked outrage online.
It also means the worrisome prediction of Australia’s central bank governor Phillip Lowe is already coming true and is being taken to the next extreme.
At the end of last month, off the back of news of a 12th interest rate hike in as many months, Mr Lowe said the obvious solution was to get a housemate to share the load of the bills.
He said increasing rental prices would improve the problem.
“The higher prices do lead people to economise on housing, don’t they? Kids don’t move out of home because the rent is too expensive, or you decide to get a flatmate or a housemate,” the governor said at the time.
“We need more people on average to live in each dwelling and prices do that.”
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