Attempts to ‘buck’ the rental market will make a ‘bad situation worse’ #Attempts #buck #rental #market #bad #situation #worse #englishheadline


Any attempt to buck the rental market, as opposed to making it work better, by freeing up supply constraints will just make a “bad situation worse”, Englishheadline host Peta Credlin says.

“Capping what landlords can charge is the Queensland Labor government’s knee-jerk response to rents increasing 80 per cent in Gladstone, 51 per cent in Noosa and 33 per cent on the Gold Coast all over the past three years,” Ms Credlin said.

“Obviously this puts renters under pressure, as does the fact that vacancy rates around our capital cities average just over one per cent.

“But the answer is not to cap rents at their current rate or to limit the rate increases that landlords can put in.”

English Headline

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