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Rising property prices leaving thousands homeless while Government squanders windfall

The NSW Government is the beneficiary of an unexpected additional $1 billion in stamp duty from an out of control housing market but has failed to use this windfall to adequately invest in social housing to ensure people on low incomes across NSW do not end up homeless.

While the Government boasts that housing prices in Sydney have surged 20% since the start of the pandemic homelessness services throughout NSW are struggling with increased demand due to rising rents for people on low incomes and low vacancy rates in many areas of NSW.

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Other News

Youth Homelessness Matters Day: 21 April 2021

April 21, 2021

Today, on Youth Homelessness Matters Day, we’re urging you to take action by signing a petition to take action on youth homelessness. Find out how to get involved here.

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