Homeowners turn on fed-up 29yo renter
A 29-year-old has revealed why she’s so “angry” as a renter but there’s a wild reason homeowners don’t feel sorry for her
Economy
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Single mum Anina Moser is fed up with consistent rental increases that leave her furious and stressed, but homeowners aren’t offering her much sympathy.
“The rental market is completely f**ked,” she shared on social media.
Ms Moser, 29, lives in Melbourne and works part-time as a barista.
“I just got another rent increase. I’m so angry. It makes no sense, it doesn’t make sense. What am I paying for?” she asked.
The young mum said that her rental property had gotten worse, not better, since she’d moved in, and yet she was now paying an extra $180-a-fortnight.
“When I first moved in during Covid this place was $680-a-fortnight. Guess what it is now? $860-a-fortnight. For what?” she questioned.
New PropTrack data revealed in March across the combined capital cities in Australia rent has increased by 17 per cent over the past 12 month
Rent in Melbourne has experienced an average increase of $70 a week. Median rent for houses have soared most in the northwest suburb of Aberfeldie
Ms Moser said that when she first moved into her two bedroom apartment, she paid $680 a fortnight, which she thought was “worth it”.
“It’s a very small two bedroom and is very old, terribly built, mould, etc.,” she explained.
She’s been living in the property for two years, and although the conditions have certainly not improved, the rent has ballooned regardless.
“Since then, every year, it has gone up and keeps going up. I have now received this year, and it’s at $860-a-fortnight now. It’s so frustrating and doesn’t seem fair, especially when things are already hard with everything else going up,” she said.
Despite Ms Moser being a hardworking single mum, people online were divided on whether she deserved sympathy, particularly those with mortgages.
“My mortgage used to be $500-a-week. It’s now $1000-a-week. Welcome to the real world,” one claimed.
“Start saving from your first pay check, don’t do the coffees, holidays, music events, and fancy clothes, and trust me, you will own your own home. I did it, and it is all mine,” another homeowner advised.
“That’s okay! I pay $820 per week as mortgages have increased,” one homeowner wrote.
Fellow renters were much more understanding of the young mum’s predicament.
“I get it girl. Our roof collapsed in the floods last year, and the second they fixed it, they put the rent up $1300 a week,” one shared.
“Currently paying $770-a-week for a three bedroom apartment covered in mould and falling apart. I feel you, girl,” another wrote.
“I feel you so much,” another admitted.
Ms Moser said she’s now stuck in an “impossible” reality: She has no money left over to save for a house, and she fears she’ll be renting forever.
“I’m just not being able to save at all anymore when before all the rent increases, I managed to save money to put away for things like buying a house or emergencies,” she told news.com.au.
She explained that she worries it will keep on going every year, and eventually, she’ll be priced out of even renting.
“I do stress that if things keep going like this I’m worried at a certain point I will be really struggling financially,” she said.
“I do have some savings left, but not much. I try every pay to put money into savings, but most weeks now, I have to take it back out.”
She said being a single-income household is “stressful” in 2024 because it all falls on her, and she can’t afford to shoulder the financial burden with housemates as she wants her daughter to always feel safe at home.
“Having housemates isn’t possible as I have a daughter and her safety and comfort comes first. I will have to deal with the increases as I can’t move away because of my daughter’s school and my family is down here too,” she said.
“I also couldn’t move anywhere else as I need to stay close to where her dad is so he can still see his daughter on the weekends.”
Originally published as Homeowners turn on fed-up 29yo renter