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🟢Only 20% of Melb rentals are <$400/wk
🟢Poverty line is ~$490 p/wk
🟢PhD stipend of $29,863 p/year = 70% of their income on rent.
🟢That leaves $174 p/week for food, utilities, phone, myki, fuel, insurance, sanity.
🟢Universities, how is this viable?
realestate.com.au/insights/where…
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