Rental market reforms still lack support for rental providers -REIV
The Real Estate Institute of Victoria (REIV) urges the Victorian Government to provide more support to rental providers if it is to realise its objective of improving the state’s housing supply issues.
REIV: rental reforms risk more damage to rental market
Kelly Ryan, CEO of the REIV, said the reforms will have a mixed effect on Victoria’s property ecosystem and some may turn away investors at a time where greater investment is needed.
Melbourne’s property market has shifted. We continue to experience various changes with property values on the decline, banks are tightening their lending and first home buyers are still challenged when entering the property market.