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International students “unfairly blamed” for Australian rental crisis

The PIE News

With international students accounting for only 4% of Australia’s rental market, a group representing the country’s purpose-built student accommodation sector says the students have been “unfairly blamed” for Australia’s rental crisis. In the same period, student visa arrivals decreased by 13%, it added.

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Aus reiterates cap measures in budget

The PIE News

“The government will require universities to establish new, purpose-built student accommodation should they wish to increase their international student enrolments above their initial allocation,” the budget’s statement on Meeting Australia’s Housing Challenge detailed.

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Visa hike expected in May as Australian sector share prices fall

The PIE News

International education stakeholders across Australia are concerned that the government will hike visa fees for international students in its May budget, marking another blow to student mobility after a string of recent measures. The influential think tank has previously called for the duration of post-study work visas to be cut.

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Dutch pension investor in $1bn Aus housing deal

The PIE News

A Dutch pension investor is a stakeholder in a new partnership worth AUS$1 billion to develop purpose-built-student-accommodation across Australia. ” The partners added that the development of further PBSA in Australia will continue to release pressure from the rental housing market. Together with APG Asset Management N.V.

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Australia ‘risks losing students’ amid rent crisis

The PIE News

The number of international students studying in Australia in 2023 is predicted to top the pre-Covid record set in 2019. Some reports blatantly accuse international students of ‘ fuelling Australia’s rental crisis ’, while others attempt to debunk such rhetoric as dangerous myths.

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8% student rent hikes in Canada and Australia

The PIE News

The average rent for purpose-built student accommodation increased by approximately 8% last year in both Canada and Australia, driven in part by demand from international students. The average rent in the UK went up by 4.4% across the rest of Europe, according to a new report by BONARD. Photo: BONARD.

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Hosted accommodation vies to help housing crisis

The PIE News

“We are often called the ‘Airbnb of student accommodation’ and we have thousands of students knocking on our door to find rooms, as well as families that want to rent out their spare room.” The post Hosted accommodation vies to help housing crisis appeared first on The PIE News.

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