NSW to investigate ways to end bidding wars over rental properties
by Tamsin Rose from World news | The Guardian on (#66GFK)
Victor Dominello says interstate bans on the practice are being examined amid a hot marketplace'
Bidding wars for New South Wales rental properties could be outlawed after the state's customer service minister, Victor Dominello, ordered an urgent review of interstate efforts to curb the widespread practice.
Peak housing bodies have long been calling for a ban on rental bidding to bring the state into line with Victoria, Queensland and Tasmania, where advertised rents are set and cannot be bid up by prospective tenants, or listed as a range.
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