Business
Concerns tight Gold Coast rental market means tenants won’t assert their rights – ABC News
With median vacancy rates below one-third of what’s considered “balanced”, there are concerns many renters are taking dud deals just to secure a property.
There are concerns that low vacancy rates in the Gold Coast rental market are discouraging tenants from asserting their rights with real estate agents and landlords.
Key points:
- About 36 per cent of Queenslanders rent, but with median Gold Coast vacancy rates less than one-third of what’s “balanced”, tenants are scrambling for properties
- Tenant advocates worry some are accepting rent increases or unfair conditions to secure a property
- However, a real estate industry body is warning against drastic…
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