Alarming new statistics have revealed the first quarter of 2024 was a nightmare for Queensland renters, in another sign the State Labor Government has run out of ideas to fix the housing crisis.
The Real Estate Institute of Queensland (REIQ) Residential Vacancy Report for the March quarter revealed Queensland’s vacancy rate was a devastating 0.9%.
Shadow Minister for Housing Tim Mander said it’s another sad chapter in the history of the Palaszczuk-Miles Government.
“From Goondiwindi to Maryborough, Charters Towers, Mackay and Mareeba, rental vacancy rates remain in freefall,” Mr Mander said.
“This is a direct result of a third-term government that hasn’t listened or planned.
“Labor’s dismal record in releasing land for housing means there has been less homes built, which means price increases
“They’ve scared investors away with their botched renters’ tax and there are now fewer homes for people to rent.
“At a time when Queenslanders needs a government with the right priorities for Queensland’s future, Labor is in chaos and crisis, lurching from one failure to another.
“More than 43,000 Queenslanders are desperately waiting for social housing.
“Only the LNP has the Right Priorities for Queensland’s Future, including securing our housing foundations.
“The LNP has put solutions on the table including prioritising infrastructure partnerships with local government to unlock more land for housing, unleashing the community housing sector and setting KPIs and delivering social housing projects on-time and on-budget.”
