Rental crisis as owners sell up?

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The Australian claims that the tidal wave of landlords selling their investment properties is causing a rental crisis:

Changes to tenancy laws in several states combined with Covid eviction moratoriums and soaring property prices have led many landlords to decide to sell up, property experts say…

A majority of the changes to Queensland’s tenancy laws will come into effect in the second half of 2022 after the legislation passed in October to allow renters the right to own pets…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.