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Must address rental undersupply – political parties

Press coverage 5 May 2022 Summary of published coverage

PIPA joined other industry bodies in urging all sides of politics to make rental undersupply an election priority, pointing to vacancy rates at 16-year lows. Chair Nicola McDougall attributed the shortage to years of subdued investor participation following the 2017 lending restrictions, with CoreLogic analysis showing investors made up 32.6 per cent of new mortgage lending by value in January 2022, against a ten year average of 34.9 per cent.

Reported by

Bellarine Times, Bellarine, 5 May 2022

PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.

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