Anger over handling of the real estate sector

WELFARE advocates have slammed the Real Estate Institute of Victoria’s advice to landlords not to negotiate rent reductions following the extension of restrictions it claims have “shut down” the property market for an uncertain period.

The REIV claims the government has “ignored” all solutions the real estate body had put forward to ensure the industry could operate safely, and is advising landlords to force every rental reduction request into the already overloaded VCAT dispute system.

Its call comes after the continuation of a ban on inspections under stage four metropolitan restrictions and the extension of the rental moratorium, which it said had dealt a ‘doublewhammy’ to its members.

But Victorian Council of Social Service labelled the advice “heartless” and “bone-headed” and said it would increase hardship for private renters and embolden “dodgy” landlords.

For more read Friday’s Gippsland Times.