REINSW and PIPA criticised government housing policy, with REINSW arguing that the state ban on rent bidding had achieved little because desperate tenants were driving the practice themselves. PIPA chair Nicola McDougall said a decade of shifting rules, from lending restrictions to proposed rent caps, had cut investor numbers to their lowest level since 2020. CoreLogic’s Tim Lawless said dwelling approvals were at a decade low.
Reported by
Fiona Killman, realestate.com.au, 22 Marc
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