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Victorian Premier flags historic housing shake-up: SBS Sinhala current affair on 24 June

HOUSING RENTAL STOCK

A ‘For Rent’ and a ‘For Sale’ sign are seen in Canberra, Monday, February 27, 2023. (AAP Image/Lukas Coch) Source: AAP / LUKAS COCH/AAPIMAGE

Listen to the SBS Sinhala radio explainer on the historical decision in rental market to solve the housing crisis in Victoria but leads to chaoes which can make it worse.


HIGHLIGHTS

  • Landlords could be limited to one rent rise every two years under a Victorian Government plan to ease rental stress.
  • While the proposal has won support from tenant groups, it's been labelled "disastrous" and "nonsensical" by the real estate institute.

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