Labor vows help for Tasmanians priced out of housing by mainlanders

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Labor vows help for Tasmanians priced out of housing by mainlanders
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Anthony Albanese said a Labor government would do more to address housing supply challenges.

Mainlanders snapping up fast-moving property in Tasmania are pushing out locals seeking to buy or rent a new home, contributing to housing accessibility challenges in the island state.campaigned on the first full day of the federal election campaign in Launceston and Devonport on Monday, he said an incoming Labor government would do more to help people pushed out of the market, including vulnerable older women at risk of homelessness.

But in Tasmania, properties are selling in an average of 13 days, in part because of purchases by investors from the mainland states looking to take advantage of the high rental returns in cities including Hobart and Launceston. “The problem has got worse during COVID-19 when there was a lot of activity and some sky-high prices. You had to have a lot of money ready to be taken seriously, and that leaves first-time buyers in a difficult spot,” she said.

Women and children escaping domestic violence will also have particular support from a Labor government.“We’ll have increased funding with $100 million for emergency funding,” Mr Albanese said.

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