The Federal inquiry into the rental crisis was a “waste of taxpayers’ money, with Nicola McDougall

The Michael Yardney Podcast | Property Investment, Success & Money

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It has become more and more challenging for Australians to find a rental home since the pandemic started. Availability has plunged and rental rates have skyrocketed by as much as 33% in capital cities.

Some locations show the vacancy rates moving up slightly in recent months, but the rental market is far from balanced, and this results in a headache for many tenants.

Last year, there was a Senate inquiry on the rental crisis. Today’s guest, Nicola McDougall, chair of the Property Investment Professionals of Australia (PIPA), says that their recommendation was a waste of money.

Listen to our discussion as we talk about why, discuss the state of the rental markets, and consider what’s ahead.

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