Desperate measures in Aussie rental crisis as houseboats enter the market
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The Australian housing market has long been known for its challenging nature. Still, the rental crisis has reached unprecedented levels, leading to some bizarre rental options emerging nationwide.
Prepare yourselves, as we have some strange stories to share.
Taking the idea of ‘living on a tight budget’ to the extreme, an individual in Western Australia offers a worn-out boat as a makeshift home for the ‘affordable’ rent of $200 per week.
It's a unique way to avoid spending too much on rent! This old boat recently became available for rent, promising potential tenants an alternative lifestyle on the Swan River near Fremantle.
It has basic amenities like a hot water shower, storage, and a kitchen, making it an interesting option for adventurous individuals.
The boat is anchored approximately 18 kilometres southwest of the Perth CBD.
Don't worry about the inconvenience of paddling to grocery stores; a dinghy is provided to make your journey to dry land.
With a limited room described as 'cosy' or, to be frank, 'cramped', tenants will find themselves sleeping on a mattress squeezed into the windowless bow of the boat.
Now, that's a unique selling point they probably didn't mention in the real estate brochure!
Nonetheless, there’s no denying that the appeal of life on the water intrigued at least one individual.
Luke, a retiree saddled with a mortgage bill of $1,100 per week, found switching to a marine lifestyle rather appealing.
He warned of the downsides: 'It's romantic...but there's a reality to living on a boat. They're small. They're cramped.'
Now, why the desperate leap to such innovative solutions? Perth's current vacancy rate is a mere 0.7 per cent.
The city finds itself in the thick of the worst rental crisis since the Real Estate Institute of WA (REIWA) began keeping records 43 years ago.
Tenants on tight budgets are finding innovative ways to cut costs. For a mere $200, some are renting parking spots in backyards for their own caravans (the caravan itself is not included).
Others are sharing bedrooms furnished with double bunk beds. In a rather astonishing case, a family in Melbourne is offering a tent to be pitched in their apartment for a jaw-dropping $350 per week, catering to a single person.
If you're up for an adventurous maritime lifestyle, there are definitely intriguing options to explore in the diverse rental market.
Just keep in mind that whether you're anchored or not, navigating this sea can be rough, with unexpected obstacles and uncertainties. So, set sail with caution and embrace the wild ride!
What are your thoughts on these new measures that people are resorting to in order to cope with the rental crisis in Australia? Share your opinions in the comments section down below!
Prepare yourselves, as we have some strange stories to share.
Taking the idea of ‘living on a tight budget’ to the extreme, an individual in Western Australia offers a worn-out boat as a makeshift home for the ‘affordable’ rent of $200 per week.
It's a unique way to avoid spending too much on rent! This old boat recently became available for rent, promising potential tenants an alternative lifestyle on the Swan River near Fremantle.
A dilapidated boat is available for rent on the Swan River at $200 per week. Source: Facebook
It has basic amenities like a hot water shower, storage, and a kitchen, making it an interesting option for adventurous individuals.
The boat is anchored approximately 18 kilometres southwest of the Perth CBD.
Don't worry about the inconvenience of paddling to grocery stores; a dinghy is provided to make your journey to dry land.
With a limited room described as 'cosy' or, to be frank, 'cramped', tenants will find themselves sleeping on a mattress squeezed into the windowless bow of the boat.
Now, that's a unique selling point they probably didn't mention in the real estate brochure!
Nonetheless, there’s no denying that the appeal of life on the water intrigued at least one individual.
Luke, a retiree saddled with a mortgage bill of $1,100 per week, found switching to a marine lifestyle rather appealing.
He warned of the downsides: 'It's romantic...but there's a reality to living on a boat. They're small. They're cramped.'
Now, why the desperate leap to such innovative solutions? Perth's current vacancy rate is a mere 0.7 per cent.
A shipping container and a caravan parking spot (without the caravan itself) have been listed for rental purposes. Source: Facebook
The city finds itself in the thick of the worst rental crisis since the Real Estate Institute of WA (REIWA) began keeping records 43 years ago.
Tenants on tight budgets are finding innovative ways to cut costs. For a mere $200, some are renting parking spots in backyards for their own caravans (the caravan itself is not included).
Others are sharing bedrooms furnished with double bunk beds. In a rather astonishing case, a family in Melbourne is offering a tent to be pitched in their apartment for a jaw-dropping $350 per week, catering to a single person.
In Melbourne, a family of four is providing the option to pitch a tent within their apartment to accommodate a single person, charging a steep price of $350 per week, totalling $18,200 annually. Source: Facebook
If you're up for an adventurous maritime lifestyle, there are definitely intriguing options to explore in the diverse rental market.
Just keep in mind that whether you're anchored or not, navigating this sea can be rough, with unexpected obstacles and uncertainties. So, set sail with caution and embrace the wild ride!
What are your thoughts on these new measures that people are resorting to in order to cope with the rental crisis in Australia? Share your opinions in the comments section down below!
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