Australian Broker reported that PIPA chief executive Peter Koulizos linked tight rental supply outside Sydney and Melbourne to the lending curbs placed on investors by the prudential regulator in 2017. He argued the restrictions applied nationally when the concern was largely confined to Sydney, and that fewer investors meant fewer rentals and higher rents. He called for investors and owner occupiers to face the same deposit and rate conditions again.
Reported by
Mike Wood, Australian Broker, 10 May 2021
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