A Greens-led Brisbane City Council would:
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Introduce a vacancy levy on investment properties left empty long-term
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Stop homes being turned into hotels
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Freeze rent increases for two years
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Support more medium-density, mixed-use council-owned public housing
We want to put downward pressure on rents and house prices. Our proposals would flood the rental market with properties, force developers to either build or sell vacant land rather than waiting for its value to rise, and would directly drop rents back to their January 2023 levels. Ultimately, we want to change the behaviour of investors, and strongly discourage them from leaving properties empty, from making homes into hotel rooms, and from jacking up the rent.
If you're interested in some of the underlying philosophy and research behind these policies, you can read more at this link.
