New taskforce to crack down on real estate underquoting in Victoria
by Caitlin Cassidy from World news | The Guardian on (#63KR4)
Inspectors will investigate deceptive property prices across state but buyers advocates say harsher penalties needed
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The Victorian government has announced a dedicated taskforce to crack down on underquoting in the real estate industry, but buyers advocates say tougher penalties are needed to stamp out the practice.
The $3.8m taskforce will investigate allegations of deceptive property prices across the state, building on Consumer Affairs Victoria's (CAV) auction monitoring, inspections and investigations.
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