Community Services CEO reveals devastating vacancy rate of houses in the NT
Somerville Community Services CEO Lawson Broad joined 360 to discuss the challenging housing market that faces renters in the Northern Territory as prices skyrocket.
“What we know absolutely Katie is that for many families, many households across the Territory, their budgets are being crippled by the cost of housing,” Broad said.
“On any day of the week there are more people looking for houses than there are houses on the market.
Take a listen below to hear the statistics on low vacancy rates and rental prices rising...