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Lending restrictions to blame for undersupply

Press coverage 11 May 2021 Summary of published coverage
Lending restrictions to blame for undersupply

PIPA chairman Peter Koulizos attributed record low vacancy rates to the investor lending curbs introduced in March 2017, which he said cut investor activity by about half by May 2020 and starved the rental market of new stock. SQM Research figures showed houses asking 15.9 per cent more in rent over the year, and units 7.6 per cent more, with regional lifestyle areas under the greatest pressure.

Reported by

Bianca Dabu, Smart Property Investment, 10 May 2021

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