Rent control policies are regulations that limit the amount landlords can increase rent, intended to keep housing affordable. Proponents argue that it makes housing more affordable and prevents exploitation by landlords. Opponents argue that it discourages investment in rental properties and reduces the quality and availability of housing.
Narrow down the conversation to these participants:
@ISIDEWITH10mos10MO
@ISIDEWITH4mos4MO
Yes, housing is a basic right that should be affordable to anyone
@B3463LM3wks3W
If landlords can’t afford to have the house, people won’t be able to even rent it in the first place. Stop raising interest rates so high and rent won’t increase, but renters don’t have to pay so many fees that home owners do, yet pay the equivalent and often under what a mortgage would be. So landlords should be able to increase rent as it is their property, if the renters don’t want to pay it, they can go elsewhere.
@B28FW342mos2MO
In Australia, one in five renters spends more than 30% of their income on rent, which is considered the threshold for housing stress. In some cities, like Sydney and Melbourne, that figure is even higher.
In controlling the cost of rent it de-incentivizes landholders to purchase more properties then necessary as it makes them a far less lucrative investment and may actually leas to more properties being put up for sale potentially bringing down excessive property prices
@ISIDEWITH4mos4MO
@ISIDEWITH4mos4MO
No, incentivize the development of new housing instead
@B2PMP861mo1MO
Introducing new housing without regulation only allows those already with multiple houses using it to generate income to grow more wealthy and control and raise rent prices even more.
@B2HRJFF2mos2MO
People can't afford to live, people are abusing the housing market for investment properties with the incentives that already exist. This needs to stop
What prevents current landholders and Foreign investors from simply purchasing these buildings and continuing to artificially increase the cost of rent?
This is coming from people who own their homes and do not need to make ends meet every week on pennies.
@ISIDEWITH4mos4MO
No, rent controls have been shown to limit the supply of housing
@B28FW342mos2MO
There are examples from countries with strong rent control policies, like Germany and Switzerland, where rent controls have not led to a shortage of housing. Instead, these policies have been paired with other measures like public housing initiatives, which help increase supply while ensuring fairness in rental markets.
@B3QHWFSOne Nation 3 days3D
Yes the pricing for living is getting too high and more and more of our people are losing homes and end up in the streets. I also think our people over travelers should be homed over them
Yes and no, we have a shortage of housing. Temporary rent controls combined with initiatives to increase supply and move rental demand to lower cost areas (like work/study-from-home) should be pursued
@B3QGKL23 days3D
Yes, however owners who provide rent controlled housing should receive a government subsidy to ensure total payment received meets market rent
@B3QG99Y3 days3D
Another tricky one, that should be context / means tested. Housing issues stem from a variety of issues, not only the price of rent, including availability, cost of living, unemployment, minimum wage, homelessness, etc. All these are systemic and should be addressed globally.
@B3PFYRH4 days4D
No, remove negative gearing and capital gains allowance when an individual, trust, or company owns more than one investment property.
@B3MLH2K5 days5D
Interest rates and the economy prices are all causing rent and housing spikes. The rent hike is terrible for those ranting but for those who own and are trying to repay a mortgage is challenging in todays economy and pay pay scale.
I’ve no references to support any policy but active policy creation in a normal free market should be made with great care to consider the positive and negative effects.
@9SDR7BF7mos7MO
Yes, but to prevent price gouging and abuse of power.
@9RBCFVB8mos8MO
Yes but it would be determined by multiple factors, not the same amount for each house.
@9QQ4W2F8mos8MO
Only to fundamentally prevent landlords charging as much as they like.
@9P4BD2L9mos9MO
Yes, but building more affordable or public housing would be superior.
@B33ZG2T3wks3W
No, rent control pushes landlords to charge close to or at the price ceiling regardless of supply and demand. Government incentives for new home construction and regional expansion through tax breaks, negative gearing, and other tactics will increase supply and slowly bring down housing costs.
@B32PLTH3wks3W
This will cause landlords to sell and further imbalance our market. I’d suggest lowering interest rates, build more stock and this will encourage lower rent.
@B2XNM474wks4W
Yes, rental upper limit as a ratio of property improved value. Baseline affordable housing is a Government responsibility.
@B2SXP9S1mo1MO
No, incentivize new housing development and ban corporate and foreign investors from purchasing residential real estate and require a set amount of housing to be exclusively for residential purposes.
@B2MJPPR1mo1MO
Yes, housing is a basic human right and should be affordable for everyone. Rent control measures paired with public housing initiatives and strict limitations/incredibly increased taxes/bans on buying residential real estate should be put in place for corporate, foreign investor, and multi-property (more than 2) owning parties as well. Owning unused/abandoned residential real estate should be severely penalised too to encourage renting and/or selling of the property to allows for more people to have an affordable roof over their head. Air BNBs are also a massive issue.
@B2M23Y31mo1MO
No the government should invest money into lowering the cost of housing such that it becomes more affordable
@B2KWFG61mo1MO
yes and ban corporate, foreign investor and rich people from purchasing residential real estate too.
@B2FC36T2mos2MO
Yes, housing should be affordable to everyone AND corporate and foreign investors need to be banned from purchasing real estate
@B28STLD2mos2MO
Yes, but it should also limit what house prices can be as well for those buying. Too many Australians are priced out of the housing market.
Yes, but do it on a limited scale at first to judge results and ban corporate and foreign investors from purchasing residential real estate as well.
@B23CMCG3mos3MO
Land lords should be able to charge enough rent to cover costs of property repayments and up keep.
@B22G8ZN3mos3MO
Depends on how much they’re limiting (if it’s less costly, theoretically it’s better for people), but I question whether the government actually cares about rising rent. So I don’t trust that a regulation will decrease prices.
Yes, however incentivize the development of new housing and cap rental prices in areas that are not in tourist locations
Yes, and ban corporate and foreign investors from purchasing any form of real estate that is only used as an asset and not as a home.
@9ZPK3384mos4MO
Yes, in the form of reducing how much a landlord can increase rent in an amount of time
@9ZM933G4mos4MO
There needs to be a way to ensure a fair control for both renters and landlords, however Government regulations is what pushes prices up so better start looking at yourself first and once you get your own spending and regulations that cost more under control you will probably find there needs no control policy. The mess we are in points solely back to government greed and lack of thought about anything other than the lining of government pockets before they retire into cosy positions we pay them for overseas. Government is a SHAM! You dismantled public housing and let private interests make your people more vulnerable than needed to be
@9VMMVPC5mos5MO
No longer relevant as they are only allowed to change the rent a certain amount of times each year.
Trial rent controls in low-income areas, and the government should increase investment in rental properties
@9SYC4SQ6mos6MO
Question doesn’t apply because PUBLIC HOUSING ONLY.
@9SWQZYBDavid Pocock6mos6MO
Yes, but only to limit how often landlords can raise rents and improve housing security for renters
@9992HTRSocialist Alliance 9mos9MO
Yes, landlords have gotten away with immoral policies for too long.
@9MLP43Y10mos10MO
No, because every landlord has the right to set the rental price with the situation happening during that time.
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
@ISIDEWITH6mos6MO
Loading the political themes of users that engaged with this discussion
Loading data...
Join in on more popular conversations.