'Particularly in the wake of the floods and the bushfires we've heard reports of professionals just unable to access anywhere decent where they live,' she said. Professor Nicole Gurran, expert in urban planning and housing affordability, told Daily Mail Australia it was not just low income earners facing the pinch. Some of those who cannot find a home feel in physical danger on top of the normal mental anguish of being under such economic stress. Renters claim they have no power against landlords increasing rents or evicting them. '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. There's pictures of lines snaking around the block as up to 70 people line up to view properties in popular suburbs such as Zetland, Coogee and Randwick.Ĭhief executive officer of the Tenants' Union of New South Wales, Leo Patterson Ross, said while the broader economic circumstances of 90 years ago were vastly different, the Great Depression reference was applicable as rental prices spiral.

Shocking images of dozens of prospective tenants turning up to auctions and inspections in some of Sydney's most desirable suburbs have gone viral in recent months.

Landlords in Sydney have been the biggest beneficiaries of the market, with migrants and international students returning again. It comes as families struggling to find a home have been forced to sleep in tents with rental conditions now worse than the Great Depression in the 1930s.

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