Article 648FC Renting to the highest bidder: calls for federal laws to ban practice amid Australia’s cost-of-living crisis

Renting to the highest bidder: calls for federal laws to ban practice amid Australia’s cost-of-living crisis

by
Caitlin Cassidy
from World news | The Guardian on (#648FC)

It's a landlord's market, as hundreds queue to rent properties with negotiable prices that many simply can't afford

Peak housing bodies are calling for nationally consistent rental laws to crack down on bidding wars putting pressure on tenants in a shrinking market.

Victoria, Queensland and Tasmania have introduced reforms to ban rent bidding - the process of negotiating the price of a rental by advertising a property within a range" or without a fixed cost.

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