Rent freeze isn’t the answer to the rental crisis
The Greens are urging the Albanese government to impose a nationwide rent freeze for two years, saying the rental affordability issue should be elevated to national cabinet.
Bills Woods speaks with Garth Davis, Real Estate & Property Expert, who says while in theory a rent freeze sounds like a good idea, it’s a property market disaster waiting to happen.
“If there is a rent freeze for two years, property investors will sell off properties in their thousands,” Mr Davis says. “And when they’re sold, they’ll be bought by owner occupiers and not used as rentals.”
“How will this help people who are already desperate for rentals?”
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