Housing the 'biggest cost of living issue' across the country

Independent MP Allegra Spender says housing is the “biggest cost of living issue” in Wentworth and anywhere in the country. Ms Spender said the average rent of a unit in Bondi is $900 a week. “Now if you don’t want to be in what they call ‘rental stress’ where you’re spending more than 30 per cent of your income on rent, you need to earn $150,000," she told Sky News Australia. "So that’s really what people in Wentworth are facing, they just have really high rents and mortgages but frankly it’s across the country. "Older generations, people who own their own homes are still worried about their kids and their grandkids and younger generations are just feeling completely locked out."