The NSW government delayed legislation banning no-grounds evictions until the following month while it sought to reassure landlords, with the seat of Sydney recording the highest number of renters. A parliamentary inquiry heard from investor groups warning that Victoria’s equivalent laws had coincided with a net loss of more than 15,000 rentals. PIPA urged incentives to attract everyday investors instead of further restrictions.
Reported by
Alexander Smith, The Age, 3 August 2024
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