Research shows a growing number of Australians believe they will be renting for their entire lives. Census data shows that across the country, the proportion of renters has grown over the past decade for every age group except those aged 80 and over — except for in Sydney, where renting has increased among those over 80. A survey of 1,000 renters by the Australian Housing and Urban Research Institute also found some renters are willing to pay higher rents in return for long-term leases. They'd also pay extra for the property to meet standards above the bare minimum and for rent controls like capping how much landlords can raise the rent each year. Researchers say policies must adapt to accommodate long-term renters, especially as they reach retirement.
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