? Rents Set to Rise – Housing Supply Crash

Wait to the government open the borders , get rid of negative gearing .

I'm from melbourne, the lizard illuminati has a strong foothold here, they're treating us like we're just bits of poop! We're not poop! We're sentient beings! 🙁

Are the boomers telling us to just “move out further” going to start telling us to “move back to the CBD’s” now?

All of a sudden, without immigration. Sounds fishy to me. I live in Western Sydney and for a while now a lot of houses that were sold are still empty

No the answer is not to supply more as the current vacancies on high supply areas will go to waste. On one hand people are moving regional for life style changes and on other hand resources that is allready is allocated is not used. Why it has not been planed at the first place and we have oversupply in some areas. Do we want to create more oversupply and more waste of resources? Tide should rise evenly and slowly

Rent controls could work out ok for some landlords
Say the goverment dose ifthey might say 3 benders get x ammount
Units with 2 bedrooms get y ammount it might be they are paying under that set by the goverment a guess what the landlord will charge the set rent and why wouldnt he
Goverment intervention stuffs up most areas

Governments getting more and more involved in our lives . Our lives get worse and worse as a result

Yep my rent increased 20 per week…in a street with 2 empty rentals(6mnths)… Frankston Melbourne

Tourism, rentals, travel and tertiary education industries all reliant on international students. Who woulda thought?

Berlin hat rental limits imposed about 1yr ago and some people's rent dropped by up to 70%. However they were all told this will be fought in court. well about 2 months ago the court reversed it and people had to pay back all the rent. For many people it was in the thousands. The FB Aussies in Berlin group was inundated with people asking what to do coz they were now financially ruined (hipster coffee baristas don't earn much nor save for the future).

Every single time the Gov't gets involved it's a shit show

this housing shortage is not about rent-rise restrictions, it is caused by the lack of building that has been going on in australia for the last half a decade, which was slowly sliding backwards as far as satisfying demand goes.. and then came covid and brought building to a complete stop for the last year and a half..
inb4: "2 weeks to slow the curve".
then add to that, "expatriot" nation-traitors moving back here now that thier pedo-villas in thailand dont look so attractive anymore.

I have recently downsized and purchased a three bedroom apartment on the Gold Coast. I am quite surprised that more than half the car parks in the basement are permanently empty. It is not a new building, it’s 10 years old so it is established, I am just wondering where all the cars are. Do people not have cars or are the apartments empty.

I'm wondering why:
1) we have a building boom (and have had building and reno boom for a year now)
2) We have had a big number of tourists, backpackers, students, temporary visa holders, temporary workers etc. leave out shores
3) Borders closed to anyone but Aussie citizens.

Why then, do we have such a housing shortage.
Is something happening which the government isn't telling us?

So why isn't all this home construction easing the biggest housing crisis we've seen in a generation?

This article is total farce!! Landlords putting up rent prices will only shoot their own feet. Out of the total 100% percent renters more than 50% percent will leave, move out and back to living with their parents or anybody they could cramped in with. This is what a lot of people I know have done and others are planning on doing so because they couldn't afford paying rent. Going to the Centrelink office applying for rent assistance have shot up ever since the pandemic last year. Now, with this new information about increasing rent will only damage the landlord's pockets, people will be forced to move out and group themselves so to afford a commune or a large premises convert it into a habitat or even grannyflat. This is the reality, not the ones you've just discussed on an article. There's a very strong case of avoiding paying rent to estate agencies due to its high cost plus rent keeps going up never down. As for estate agencies and greedy landlords these two cosy houses their days are numbered. They will never recover. Pretty soon only few people could afford to pay rent. What are they going to do with multiple properties to which they have to pay tax for them but can't afford to? These facts cannot be ignored. Real estate must stop spinning stuff which aren't true. The banks knew a significant amount of people have taken out large sums of superannuation funds is an indicator for current reality.

Government is the problem