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Vic Labor Walks Away from 80,000 Annual Housing Target, page-4

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Grant64t

6,057 Posts.

8

11/06/24

17:39

Post #: 74264482
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Originally posted by daicosisgod: ↑

As at 31st March 2024 Housing Victoria, a state government body advised there are 15,600 less properties for rent than a year earlier. In fact 10,400 were withdrawn as rental properties in the March 2024 quarter. Landlords have had enough. They have stopped borrowing to build rentals and are selling existing rentals and getting out of the Victorian rental market.

Vic labor has killed the Vic rental market and the Vic housing construction market.

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Yes even in the working class suburb of Reservoir about 15km from the Melb CBD 4 Bedder house rentals have risen 24% + over the most recent 12 Months.
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