A PIPA analysis described rental markets as critically undersupplied, with vacancy rates in Brisbane, Perth and Adelaide all falling sharply between March 2017 and March 2021. Chairperson Peter Koulizos linked the shortage to the 2017 lending restrictions, which he said drove investor activity down by roughly half and to a 20-year low in May 2020, and warned against repeating the intervention.
Reported by
Gerv Tacadena, Your Investment Property, 10 May 2021
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
