Policy touted by Greens as effective rent freeze criticised by economists, real estate body and political opponents
The Greens’ Jonathan Sriranganathan and housing spokesperson Max Chandler-Mather say the rent freeze proposal would help address the housing crisis, but not everyone agrees.The Greens’ Jonathan Sriranganathan and housing spokesperson Max Chandler-Mather say the rent freeze proposal would help address the housing crisis, but not everyone agrees.by the Greens on Monday as it would boost the standard rates bill for investors by 750% if they increase rents above January 2023 levels.
“It’s not clear how you set up a replacement tenant when the maximum price you can charge is below the market rent that people are willing to pay,” he said. Jackson Hills, manager of policy and strategic engagement at Q Shelter, said that while “more needs to be done to protect renters from excessive rent increases and market displacement, we also think it’s critical we look at the right measures and mechanisms to play that role”.
“About one-third of Queenslanders rent and in the current housing crisis, and cost of living crisis, ensuring that rents are fair is crucial,” she said. The LNP’s Brisbane deputy mayor, Krista Adams, said the housing crisis cannot be solved with “more taxes”. “If enacted, this policy would push investors outside the Brisbane city council area –meaning renters will have further to travel and it will cost more to access our city,” Price said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greens threaten Brisbane landlords with huge rates rises if they increase rentsGreens unveil policy designed to freeze rents at January 2023 levels in battle for Brisbane city council
Read more »
Greens push for rates hike for Brisbane landlords who increase their tenants' rentBrisbane landlords would be hit with a massive rates surcharge if they increase their tenants' rent under a new policy from the Greens aimed at stopping rental price hikes.
Read more »
‘Heartless, gutless cowards’: Greens stage Senate walkout over Labor’s response to war in GazaThe Greens have walked out of Question Time in the Senate on Monday afternoon, protesting Labor’s failure to call for ceasefire in Gaza.
Read more »
'Gutless cowards': Greens invoke 'people's protest' in Senate walkout over Hamas-Israel warEleven Greens senators left the parliamentary chamber in protest of what they allege is the government's inaction over the Hamas-Israel war.
Read more »
Greens stage Senate walkout over Labor’s Israel-Hamas war responseMehreen Faruqi leads boycott of question time to protest against claimed Albanese government inaction over conflict in Gaza
Read more »