'I focus on just keeping one light on at night.' 9News
interest rates
The 72-year-old told 9news.com.au her current rent represents 57 percent of her income, which includes the aged pension and rental assistance of $130 per fortnight. "It is difficult. I certainly don't buy luxury items in terms of food and I'm forced to use a credit card to pay off bigger items, which will leave me in debt," she said."I focus on just keeping one light on at night and the TV. I only use the when I am absolutely freezing."
Holt said he was living on the aged pension himself, and had used the equity in his mortgage-free home to take out the interest-only loan to buy the unit. "I genuinely feel for her. She shouldn't be paying 57 percent of her income on rent, that's ridiculous," he said."I know that she won't find anywhere cheaper, and that's what gets me.
"Sorry to hear about the tough times for your tenant and also for your family," the spokesperson said.
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