A Queensland Council of Social Service report found Brisbane house rents up 33 per cent since the start of the pandemic and more than 150,000 households whose rental needs were unmet, prompting the Premier to consider capping increases. Industry groups and PIPA argued that controls would deter investors and shrink supply further. SQM Research noted vacancy rates had steadied and were easing in Canberra, Darwin and Hobart.
Reported by
Harry O’Sullivan, Savings.com.au, 21 Marc
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