Investors buoyed by rent freeze rejection
Property investors who had been eagerly awaiting news on potential rent freezes and caps are breathing easier after the government ruled out resorting to such measures to address the rental crisis.
Investors have another reason to enter the property market, with rent freezes out in the cold. (Image source: Shutterstock.com)
At the National Leaders Summit held in Brisbane this week there was a unanimous decision by the Federal Government and state governments that there would be no rental freeze.
As is already the case in most states, with Western Australia a significant outlier, there will be a limit to one rent increase a year.
It was essential to get clarity around this as soon as possible. Potential investors in the market were somewhat nervous about the prospe…
