General
Rental prices rise, vacancies disappear as Snowy Monaro town struggles to balance new arrivals and workers
After raising five children, fostering more than 100, and having a successful career in the Australian Defence Force, Karen Morris never expected to be sleeping on the floor in her granddaughter’s bedroom.
Key points:
- Retiree Karen Morris sleeps in her granddaughter’s bedroom due to low rental vacancy rates
- Rental vacancy rates in the Snowy Monaro have reached 0.4 per cent
- Mission Australia is calling on the Government to fund 500,000 affordable accommodation places
But with rental vacancy rates in many regional areas at an all-time low it became the 63-year-old’s only option.
Ms Morris began looking for rental properties in the Cooma region two years ago with a dream to be closer to her growing family while continuing care for her…
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