Queensland Premier proposes drastic action to contain rental crisis

Queensland Premier proposes drastic action to contain rental crisis

Her assertion yesterday got here after a report was launched detailing Queensland’s dire scenario when it got here to housing prices.

“Nothing is off the table,” she stated.

Queensland rental prices have risen more than any other state in the past five years.
Queensland rental costs have risen greater than another state prior to now 5 years. (iStock)

“I understand that this is a big issue for families. They are constantly being faced with huge increases in rent.”

The report was commissioned by the Town of Nowhere marketing campaign and bankrolled by Tenants Queensland and The Services Union.

The report confirmed how rental costs have skyrocketed in regional markets prior to now 5 years – up 33 per cent on the Gold Coast, 51 per cent in Noosa and 80 per cent in Gladstone.

And costs have gone up greater on the backside of the market, intensifying stress on Queenslanders with decrease incomes.

The city of Gladstone could be crucial in the election.
Rental prices in Gladstone have risen 80 per cent prior to now 5 years. (AAP)

Homelessness has additionally risen 3 times as a lot in Queensland as the remainder of the nation.

“There is a lot of housing stress at the moment,” Palaszczuk stated.

“A lot of people are continuing to move to Queensland and that is adding to the situation.”

Report writer Professor Hal Pawson of UNSW stated tying rental will increase to the patron value index can be “logical”.

But Greens MP Amy MacMahon has known as for residential rents to be frozen for 2 years, adopted by a two per cent improve each 24 months.

But Shadow Treasurer David Janetzki was deeply essential of a rental value cap.

“Annastacia Palaszczuk will do and say anything when cornered by a crisis she created,” he tweeted.

“Time and again Premier Palaszczuk unleashes uncertainty in the economy and today’s thought-bubble is her gold medal for bad ideas.”

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Source: www.9news.com.au