News
Confusion reigns over Premier's rent cap proposal
No more than one rent increase per year has been suggested by the Queensland government after pushback from real estate groups to any form of cap.
News
No more than one rent increase per year has been suggested by the Queensland government after pushback from real estate groups to any form of cap.
News
The Real Estate Institute of Queensland (REIQ) has blasted a State Government proposal to impose rental controls to combat rising costs and homelessness as showing “no grasp on basic economics”.
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Property investors are absorbing details of Queensland land tax changes that will come into effect next financial year, raising fears the amendments will push up rents, decimate rental stock and drive down investment.
The Greens’ proposal to freeze rent increases for two years across Queensland has been referred to a parliamentary committee for review, providing more runway for South Brisbane MP Amy MacMahon and her colleagues to elevate their already soaring profiles.
Rental supply has reached crisis point in large areas of Queensland, forcing the real estate industry to call for investor incentives in the upcoming state Budget.
Wealth management firm Morgans has tipped house prices to continue to rise throughout 2021 and possibly for “years to come’’.
Queensland’s median house prices rose for a second consecutive quarter while Brisbane broke records and every region recorded an increase in prices over the July-September 2020 quarter, according to the Real Estate Institute of Queensland.
