“We welcome the fact that we’re going to reduce the frequency of rent increases although we don’t think it goes far enough because it’s not going to necessarily stop the price-gouging behaviour that’s been happening in parts of the market,” Ms Carr told Sky News Australia.
“Rents go up with the opportunity in a tight market so it is possible we’ll see it continue and I’d like to say there are pockets of people who haven’t had those massive rents so capping renting increases and CPI doesn’t affect those people, it just protects the people who are getting these massive rent increases that are unfortunate too.”
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Ban airBnB. If you want to run a hotel, build one. Put all these dwellings on the long term rental market then see how we are doing.