Homelessness is a growing crisis in Australia, in part because of the lack of affordable and social housing. We can see this in increasing interest rates and rising house prices leading to an unstable rental market. Low-income groups are squeezed out of the homebuyer market and landlords need to put up rental fees or sell – leaving people unable to afford the rent rise or unable to find a new home to rent. The various natural disasters – from fire to flood – in the past few years have destroyed homes and further intensified the pressure in the rental market. Less social housing for a growing population also increases the demands on affordable housing and fuels the homelessness crisis.
But that’s not all that’s contributing to Australia’s growing homelessness crisis. During COVID-19 lockdowns, a ‘shadow pandemic’ emerged: more women experiencing family and domestic violence, which is a leading cause of homelessness. Additionally, reduced incomes from COVID, unexpected job losses and failed businesses, plus the rising cost of living – from petrol to power bills to the weekly grocery shop – are making times tough right now.
A survey of Australians in June 2022 shows 63 per cent are very or extremely concerned about rising grocery costs. Additionally, 45 per cent are extremely or very concerned about the cost of rent, with the same proportion extremely very concerned with house prices rising. [Source: Australia Now Report, June 2022.]
Individuals and families of all ages and walks of life are finding themselves stressed, struggling and at risk of losing their home. A home should be a place of refuge and security, but instead, when it’s hard to pay the bills or there is a family crisis, it can quickly become unstable, uncertain and unsafe.
Aligned Real Estate and the team at Homeless AID (non-for-profit) organisation have joined forces to combat this growing social issue by providing weekly meals and clothing to those that are most in need at the Queen Victoria Market, every Tuesday at 7pm.
During Homelessness Week 2022, Aligned Real Estate wants Australia to know there is a solution for the 116,000 Australians currently experiencing homelessness – and the thousands more who are at risk.
Aligned Real Estate will pledge a portion of each commission earned to support the most in need and will continue to provide food, beverages and clothing to support our communities most disadvantaged