Well, I know there is a rent capping scheme in the ACT, and it is now on the agenda in Qld.
I fully support it as the real estate industry and rapacious landlords have been screwing people for way too long.
They have proved their inability to self regulate, so I see no alternative other than for Government to step in.
Capping household rents
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lisa jones
- Posts: 11228
- Joined: Tue Mar 15, 2011 10:06 pm
Re: Capping household rents
Interesting concept. It’s not a Sydney thing....yet.
I would rather die than sell my heart and soul to an online forum Anti Christ like you Monk
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Super Nova
- Posts: 11788
- Joined: Sat Dec 15, 2007 12:49 am
- Location: Overseas
Re: Capping household rents
Rent is a straight supply and demand issue. I don't support rent caps, i do support the government investing in low cost rental housing. The issue for me is, if i invest in a house and rent it, it is my business how much i rent it for. The government has no right to control the price, the market needs to.
Rent caps are masking the symptom that there is not enough low cost housing.
Rent caps are masking the symptom that there is not enough low cost housing.
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