Should the government freeze rents for two years? The Greens think it is a no-brainer, but economists are less certain
2 years, 6 months ago

Should the government freeze rents for two years? The Greens think it is a no-brainer, but economists are less certain

ABC  

The federal Greens are calling for a nationwide two-year freeze on rent increases as part of a plan to ease pressure on tenants. Key points: The Greens are calling for rents to be frozen for two years They want to see increases capped at 2 per cent every two years after the freeze ends Rising rents have been forcing some Australians into homelessness The minor party are also pitching an end to no-grounds eviction, ongoing rent caps of up to 2 per cent every 24 months, expanding tenant rights and national minimum standards for rental properties. Seeking respite from cost of living crisis Greens Spokesperson for Housing and Homelessness Max Chandler-Mather said the proposal would give tenants time for their wages to catch up on rent costs. "The priority really should be raising the rate of rent assistance by at least 40 per cent," Mr Coates said. "We think this is a really interesting idea, it does need to be worked through because it's not as simple as the federal government declaring it but we certainly think that rents are currently unaffordable," Mr Ross said.

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History of this topic

Editorial: Los Angeles can find a fairer way to raise the rent
3 months, 2 weeks ago

Editorial: Los Angeles can find a fairer way to raise the rent

LA Times  

The Los Angeles City Council is considering changing the way it sets annual allowable increases for rent-controlled properties for the first time in nearly 40 years. The city ordinance sets an allowable annual increase in rents between a guaranteed minimum of 3% and a maximum of 8% based on the consumer price index, which measures inflation. If allowable rent increases …

Economists say rental price caps are a 'viable' short-term solution to the housing crisis, but some fear it could backfire
1 year, 10 months ago

Economists say rental price caps are a 'viable' short-term solution to the housing crisis, but some fear it could backfire

ABC  

There is a growing push for rental caps — or even a freeze on increases entirely — as the housing crunch continues, however, despite it being a "viable" short-term solution, some analysts fear the policy could negatively affect both investors and tenants. Key points: Many renters and the Greens believe a freeze or cap on rent increases needs to be …

Rent freezes off the table in NSW as new government focuses on bonds and bidding
1 year, 10 months ago

Rent freezes off the table in NSW as new government focuses on bonds and bidding

ABC  

Rent reforms designed to even the playing field for tenants will be introduced in the New South Wales parliament this week, but there will be no relief for those facing soaring rents. Key points: The median weekly rent in Sydney is $711, up 13 per cent from last year In regional NSW rents have climbed to $550 The Greens will …

Greens demand a TWO YEAR rent freeze for every single Australian tenant
2 years, 6 months ago

Greens demand a TWO YEAR rent freeze for every single Australian tenant

Daily Mail  

The Greens are calling for a nationwide two-year rent freeze to allow incomes to catch up with surging prices. The party also wants to see rent increases capped at two per cent every 24 months once the two-year suspension lapses. In the 12 months to June, rents have soared 9.1 per cent across capital cities and 10.8 per cent in …

Rent control could be introduced in Australia amid calls to ban landlords from rent hikes
2 years, 10 months ago

Rent control could be introduced in Australia amid calls to ban landlords from rent hikes

Daily Mail  

The Greens have called on the South Australian government to introduce rent controls amid revelations most properties on the market are too expensive for people living on the minimum wage. The Greens have called on the South Australian government to introduce rent controls amid revelations most properties on the market are too expensive for people living on the minimum wage …

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