Rental Squeeze

Finding a home to rent in Castlemaine is becoming increasingly difficult with the town ranked second least affordable in regional Victoria and reports of some being forced to leave for cheaper towns.
Castlemaine Housing Service team leader Michael McMahon says the rental squeeze in Castlemaine is pricing many out of the market, while a lack of social housing is also forcing some to leave and go to other regional towns like Bendigo and Maryborough to get a roof over their head.
Mr McMahon has observed that some of the housing stress they’re witnessing now is a result of owners needing to move back into their properties themselves, and he says the problem is increasing. Full story in today’s Mail …

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