Australia is currently a case of too much money chasing too few goods [1], especially in its rental market. Huge net migrations into Australia without commensurate increases in housing stock have caused rent increases but also left some without a place to live and caused some long-term tenants to be unable to continue to afford their place [2].
Most Australians just see their salaries go a little less far (due to inflation), but on the extreme end it means homelessness, at least in the short term, and all the associated stress.
Media has a tendency to piggyback off the hype around this legitimate problem to peddle all sorts of weird and wonderful ideas, sometimes over simplifying the narrative to (wealthy|employer|landlord) == bad, and (poor|employee|renter) == good.
[1] https://en.wikipedia.org/wiki/Demand-pull_inflation#:~:text=....
[2] https://www.abc.net.au/news/2023-12-12/immigration-house-pri...