The New South Wales (NSW) Housing Minister Rose Jackson has become the first Labor state minister to swat down the left-wing Greens’ campaign for Australia to adopt rent controls to deal with its housing crisis.
On June 27, federal Greens housing spokesperson, Max Chandler-Mather, reiterated his party’s position citing San Francisco as an example Australian authorities should follow.
“In San Francisco, a rent stabilisation board determines how much landlords are able to increase the rent. This year the limit is 3.6 percent. Rent caps are used around the world and are desperately needed in Oz,” he wrote on Twitter.
“Rent caps work for renters. They bring down rents,” he claimed. “And in combination with largescale investment in good quality public housing and infrastructure, you get places like Vienna, which the New York Times describes as a ‘renters utopia.’”…