Survey findings showed 19 per cent of Queensland investors were considering selling within a year, with a sense of having lost control of their assets among the leading reasons. PIPA and the Property Investors Council of Australia said both bodies had been refused a place at the state’s housing summit despite representing the largest providers of rental accommodation. PIPA warned further sales would push rents higher, noting 45 per cent of investors had already sold a Queensland dwelling.
Reported by
Jayden Fennell, Broker News, 1 November 2022
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
