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Real estate expert slams ‘abysmal decision’ from the state government over rent caps

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Article image for Real estate expert slams ‘abysmal decision’ from the state government over rent caps

The state government is working on some major housing reforms which would see landlords only able to lift rents every two years and may face a cap on the increase.

CEO of the Real Estate Institute of Victoria, Quentin Kilian, labelled it an “abysmal decision” which will impact “so heavily on the rental market”.

Press PLAY to hear him voice his disapproval with the new potential housing reforms 

Image: Getty iStock 

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