We were overwhelmed by the response of the real estate community, who helped the REIQ make a real impact, prompting the Minister of Housing and Public Works to attend a town hall meeting hosted by us.
As a collective, you have sent nearly 8000 letters to Premier Annastacia Palaszczuk to request that the Government reconsider these onerous rental reforms.
The REIQ’s position on the five key proposed reforms in the RIS, detailed within our submission, is outlined below:
1. We absolutely reject the proposed abolishment of an owner’s right to terminate a tenancy on a without grounds basis.
2. We reject the proposed recommendation requiring owners to consent to pets unless they can establish reasonable grounds. We support the introduction of risk mitigation measures and incentives to encourage owners pet ownership in rental properties. For example, the introduction of pet bonds and higher rents.
3. We do not support the minor modification reforms proposed in the RIS.
4. We do not support the minimum housing standards reforms proposed in the RIS.
5. We do not support the domestic and family violence reforms proposed in the RIS.
Update on vacancies and asking rents
Data released by SQM Research shows: despite the rise in vacancies, capital city asking rents for houses were steady over the month to 12 October 2019 at $544 a week.
Source: REIQ and SQM Research
