Business
Calls for eviction ban extension with rental market tightest since GFC – Brisbane Times
Vacancy data released by the Real Estate Institute of Queensland revealed that 70 per cent of the state’s rental market was facing ‘extremely tight’ conditions.
Tenants Queensland CEO Penny Carr.Credit:Harrison Saragossi
Tenants Queensland chief executive Penny Carr said the data made clear it was “not the time” to lift the eviction moratorium slated to end in September.
“What it really shows is that it is not a renters’ market,” she said.
The data, pulled from submissions from real estate agents statewide, ranks rental markets as tight, healthy or weak based on their vacancy rates of zero to 2.5 per cent, up to 3.5 per cent, and above, respectively….
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