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A wide view of Melbourne's CBD skyline seen from the Shrine of Remembrance precinct, with manicured green parklands, a tree-lined avenue, and a war memorial column in the foregroun
✓ The Sydney Morning HeraldMoney & Work

Melbourne's build-to-rent boom costs renters 20 to 70 per cent more

New build-to-rent apartments in Melbourne rent for 20 to 70 per cent above comparable nearby homes, a study shows.

Why it mattersGovernments promoted these developments as a housing fix. But they are pricing out ordinary renters and leaving the crisis unresolved.

AustraliaMelbourne renters face yet another tier of expensive housing that does little to address the shortage of affordable homes in Australia's second-largest city.

✓ Claims checked against the source and corrected before publish. checked 5 d ago

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