The REIQ says calls from tenants’ advocates for rent control in Queensland is a short-sighted solution to a complex problem.
Everyone in the property management industry would love a quick-fix to the current shortage of rental properties. But MD Laura wholeheartedly supports the position of the REIQ in its latest media release responding to proposals for rent control.
“REIQ CEO Antonia Mercorella is correct when she says ‘rent control is a short-sighted solution to a complex problem’ – and may actually deter property investment and reduce rental supply”, says Laura.
The lack of new housing supply needs to be addressed with a unified approach from all levels of government and industry.
“I urge all our owners to read the REIQ statement in full”, says Laura.
You can read REIQ’s media release here:
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