- By admin
- In Advocacy, Industry News
MEDIA RELEASE: CEO OF REAL ESTATE INSTITUTE OF THE ACT RESPONDS TO LATEST CPI FIGURES FOR RENTALS
MEDIA RELEASE: 2 AUGUST 2024 Canberra, ACT – 02.08.2024 – The Real Estate Institute of the ACT (REIACT) is deeply concerned about the recent CPI figures for rentals in the ACT, which limit landlords to rent increases of less than 1% annually without being deemed “excessive”. This restriction poses significant financial challenges for landlords providing