Over in Australia, new data shows renting a unit now costs more than half the median take-home pay of a single worker in every capital city.

Data shows northern WA, the Gold Coast and Sydney were the most expensive places to rent, but even cheaper places like Adelaide would cost workers more than half their pay for a rental. 

Australian correspondent Oliver Peterson says there's less homebuyers than ever, leading to more people putting pressure on the rental market. 

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