PIPA and PICA argued the Queensland Greens’ two year rent freeze proposal misread a decade of rental data and would worsen homelessness by prompting more investors to sell. Joint research with academic Peter Koulizos showed Brisbane rents rose 12.1 per cent in the decade to June against cumulative inflation of 25.6 per cent. The groups pointed to Ireland, where they said heavy regulation had driven landlords out and left few rentals available.
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