Broome's rental prices force residents to leave town

Rising rental prices in Broome, Western Australia, have reached an average of $1,000 per week, up 11.1% in three months. This increase has forced some residents to buy homes instead of renting, as they struggle to find affordable options. Residents like Jenni Lowe and Kelly McCalman have been impacted by the high costs, leading them to make significant lifestyle changes. Many are unable to save money or secure long-term rentals, prompting some to leave the town. The Real Estate Institute of WA states Broome has hit an "affordability ceiling," making it difficult for tenants to pay higher rents. The organization calls for more affordable housing to address the ongoing crisis.