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Agents cop soaring landlord calls as Victorian tax hikes flow down

Press coverage 26 June 2023 Summary of published coverage
Agents cop soaring landlord calls as Victorian tax hikes flow down

A Real Estate Institute of Victoria survey found 90 per cent of agents had received more calls from landlords worried about their finances following the state budget’s land tax changes, with 70 per cent reporting that owners were seriously considering selling. More than eight in 10 said interest in buying investment property had fallen steadily since the 2021 tenancy reforms. REIV chief Quentin Kilian said the tax would worsen the rental shortage.

Reported by

Juliet Helmke, Real Estate Business, 26 June 2023

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