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New CoreLogic Data Confirms Need for Rent Controls, Short Stay Reform

Cassy O'Connor MP  -  Wednesday, 28 April 2021

Tags: Rent Caps, Housing Crisis, Short Stay Accommodation, Social and Affordable Housing

Cassy O'Connor MP | Greens Leader

The need for rent controls and regulation of short stay accommodation is becoming increasingly urgent.

The March 2021 Quarterly Rental Review, just released by CoreLogic, highlights the urgent need for rent controls and short stay accommodation reform. 

The data from CoreLogic shows that in the first three months of this year, average rents in Hobart have increased by 6% - or about $29 for the average rental. This pace is second only to Darwin. 

It also shows that, in the last decade, rents in Hobart have risen by 43% for houses and 44% for units - double the next fastest growth in a capital city. 

This update from CoreLogic shows exactly why we need immediate action to help protect struggling Tasmanians from being priced out of their own paradise.

Housing is meant to be a human right, but too many Tasmanians are being pushed into extreme hardship because the Liberals refuse to take the housing crisis seriously. 

Not only are average rental prices going up, we’re hearing more and more stories from people who are facing triple-figure rent increases. This is a feature of a supercharged market that’s operating with no limitations. 

The Greens understand how impossible the situation has become for many renters, which is why we have a plan to put in place rent control measures to stop unreasonable rent hikes, ban no-cause evictions, and place strong limits on AirBnB and other short stay accommodation. 

We’ll also invest in more than 8,000 new homes in the next decade, to tackle the shortage of housing supply that the Liberals have allowed to happen. 

With rents soaring, JobSeeker and JobKeeper supplements ending, and more people in poverty, all parties should be taking serious action to protect renters.

The Greens have a plan to do just that, and we call on the Liberal and Labor parties to get on board.