Reforms are legislating the life out of the rental sector, says REIQ
Contributed By: REIQ on
The Real Estate Institute of Queensland (REIQ) has warned the Residential Tenancies and Rooming Accommodation and Other Legislation Amendment Bill 2024 (the Bill) introduced today, contains some extreme, unnecessary, and impractical reforms. REIQ CEO Antonia Mercorella said it was disappointing to see legislative change being touted as the solution to the rental crisis when there is universal agreement that we need to encourage new supply. She said the most alarming reforms in the Bill relate to: · The proposal to attach rent increase limits to the property rather than the tenancy agreement; and · A tenant’s right to ask for structural changes to a property and an owner beingRead More →