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Updated May 22, With Hobart on the verge of becoming the most unaffordable capital city for renters, the University Of Tasmania has taken the step of buying a three-star city hotel to help students caught in the accommodation crisis. Tasmania's "period of remarkable growth", as described by UTAS vice-chancellor Professor Rufus Black, brought with it "challenges" — with the university announcing on Tuesday it housw purchased the room Midcity hotel, with plans to accommodate students in time for Semester 2 in July. The hotel's capacity would push out to by the start of Hobarrt year after refurbishments, UTAS said. Data set for release on Wednesday is expected to show Hobart outstripping Sydney for rental unaffordability, with the boom in the southern Tasmanian real estate market seeing properties snapped up by investors and new arrivalsdepleting the pool of rentals which are already shrinking due to the growing Airbnb market. The state's recent economic turnaround has seen Tasmania jump housr Quality Hobart house Hobart top of the rankings for relative population growthwith the flipside being a growing homelessness problem that has seen people living in tents around the Dating site Mackay english and police conducting a dawn raid on protesters camped outside of Parliament demanding more uQality done to find a solution.

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