The increasing rental prices are particularly worrisome for international students, who are often more vulnerable to such market changes. As universities in New South Wales (NSW) transition back to in-person learning, Sydney is bracing for an influx of over 28,000 international students. However, the coinciding reinstatement of working-hour caps on student visas is pushing many out of Sydney’s already strained housing market.
This has ignited a serious concern for international students, who are now faced with the daunting task of finding affordable accommodation in the midst of what is being called the worst housing crisis in Sydney for a generation.
Sydney’s housing market, currently experiencing a vacancy rate of 1.1%, is straining under the pressure of incoming international students. This influx coincides with a steep increase in rental prices, which are rising six times faster than wages.
A robust educational experience extends beyond the classroom and includes the basic security of affordable and adequate housing. The increasing rental prices are particularly worrisome for international students, who are often more vulnerable to such market changes.
Government officials, accommodation providers, and student advocacy bodies are urging universities to accept more responsibility for student housing. There are worries about the realistic portrayals of life in Sydney for international students and whether they are being set up for success, or potential exploitation, within the rental market.
It is clear that as international students become a larger part of the Australian education landscape, their welfare should be a joint responsibility, including accommodation arrangements.
The future of international education in Australia hinges on the collective response of government, universities, and housing providers. A concerted effort to alleviate this housing crisis will not only enhance the student experience but also ensure the ongoing success and reputation of Australia’s educational institutions on the global stage.