According to the Real Estate Institute of Australia (REIA), the March 2016 quarter CPI figures demonstrate the impact increased investor activity is having by moderating increases in rents.
“In the current debate on negative gearing the latest CPI figures provide evidence that the current taxation arrangements which provide many Australians with the opportunity to invest in property adds to the housing supply and keep rents lower than they would otherwise be,” the President of the REIA Mr Sanders said.
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REIA News – August 2020