Rizna Mutmainah
Real Estate

Kochie shocked at co-host’s revelation

Sunrise host Monique Wright has left her co-hosts, Natalie Barr and David Koch, visibly shocked after revealing the “appalling” situation she was in.

On Thursday, Wright told her co-hosts that she is among the “desperate” Aussies struggling to secure a home, after a segment on rentals.

“We've recently been looking, and we've looked at 30 properties,” Wright shared.

“Wow,” her co-hosts exclaimed in sync.

“'It is appalling. It is so appalling,” she continued amid their gasps.

“You see it. People are desperate. We've been desperate,” Wright added to which Barr agreed that the rental crisis is affecting everyone “at every price point”.

Kochie sat in visible shock throughout the whole conversation, and was only able to respond with “amazing”.

According to Domain, Australia’s national vacancy rate remained 0.8 per cent in February, but the vacancy rates across the combined capital has declined to 0.7 per cent.

In Sydney and Melbourne, vacancies have declined below 1 per cent to 0.9 per cent and 0.8 per cent, respectively.

Perth and Adelaide have the tightest rental market at just 0.3 per cent.

This comes after many families are struggling to find a home and are forced to sleep in tents.

Shocking images of landlords attempting to benefit off this crisis have also gone viral, whether it’s advertising a shed as a three bedroom rental, or renting out balconies for $300 a week.

Chief executive officer of the Tenants' Union of New South Wales, Leo Patterson Ross told the Daily Mail that although the economic circumstances were vastly different 90 years ago, rental conditions are now worse than the Great Depression in the 1930s.

“We have to go back that far because we haven't seen this kind of widespread general experience of the system going wrong,” he said.

Image: Sunrise

Tags:
Sunrise, Real Estate, Rental Crisis, David Koch, Natalie Barr, Monique Wright