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New data reveals thousands of Australians who own 10 rentals or more
(www.abc.net.au)
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this post was submitted on 16 Oct 2024
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This is how I found out the "rental reviews" the department of justice does in Victoria are an absolute joke. If everyone colludes to raise rents by 20-30% 2 years in a row (as they did), then you're shit out of luck.
They even use advertised listings in their calculations, which is an even bigger joke.
Canberra are the only ones (that I know of) who have something vaguely okay. 2% above inflation per year. No more.
Absolute joke of a "strong" housing market we find ourselves...