this post was submitted on 20 Jun 2023
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Housing Crisis

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Qld’s scrapped land tax carnage: ‘Every renter should be fuming’ (www.realestate.com.au)
submitted 1 year ago by MercuryUprising@lemmy.world to c/housingcrisis@lemmy.world
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A survey of over 3700 property investors by the Real Estate Institute of Queensland (REIQ) recently revealed that more than 80 per cent were considering bailing on the Sunshine State due to recent and proposed tenancy law changes.

When asked for their primary reason for considering selling, many pointed to ongoing rental reforms, bad tenants, increasing holding costs and the stigma that all landlords were “greedy, wealthy people” as among some of their key gripes.

OPs note: Did QLD really just figure out the solution to the housing crisis? lol

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