Brisbane

960 readers

19 users here now

Home of the bin chicken. Visit our friends:

founded 1 year ago

MODERATORS

[email protected]

ABC Radio Interview: Rent freeze for Brisbane [Jonathan Sriranganathan] (youtu.be)

submitted 1 year ago by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 1 year ago (1 children)

You know when a landlord sells a house someone typically lives in it right

[–] [email protected] -2 points 1 year ago

Yes but if it's someone moving up from interstate or a young adult moving out of their parents' home, then it's still one less property available for rent than before, with the same number of renters looking for somewhere to live, which was my point.

There are thousands of people every week moving into QLD from interstate, and far fewer leaving. All those people have to live somewhere, and if they buy up all the rentals that are being sold so they can live in them themselves, where are those renters going to live?