• ZagorathOP
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    1 year ago

    The article itself is specifically about Queensland, so I thought about submitting this to [email protected], but I think it highly likely that similar results would be found in any major Australian city, so hopefully it goes okay here.

    There is little evidence to support the claim that increasing STRA intensity accounts for a substantial proportion of the increase in rents observed since the start of 2020

    I note that it says “a substantial proportion”, rather than “any”. It seems to me that there are a large number of factors at play here. And while STRA is probably far from the largest one, it is nevertheless a factor at play, and if left unregulated, is likely to become more of a problem, especially coming in to the 2032 Olympics. So while I think this report is reason enough to refute those calling for banning STRA, I don’t necessarily think it means they shouldn’t be paying higher rates or otherwise regulated and discouraged compared to long term accommodation.

    This can and should be done alongside supply-side changes such as upzoning all low-density residential to low-medium density residential at a minimum, as well as regulatory changes protecting tenants’ rights, and building a shit tonne more public housing.