Australia’s Renters: The Second Most Insecure in the OECD

80 percent of Australia’s renters moved in the past 5 years, more than any other country except Iceland.

Residential mobility across the OECD from "Should I stay or should I go? Housing and residential mobility across OECD countries." Courtesy of OECD

A new OECD working paper shows that Australia’s renters face one of the most perilous markets of the 38 member countries, second only to Iceland.

Eighty percent of renters have moved within the past five years, and the report places the blame squarely on government policies.