The Real Estate Institute of NSW (REINSW) has acknowledged the NSW Government's intention to protect tenants in rental arrears beyond March 27 but has.
Real Estate Institute of Australia's (REIA) latest Housing Affordability Report (HAR) shows that housing affordability in Australia declined nationally.
Date Time
NSW Government 2020 Report Card
The REINSW has marked the NSW Government’s role in the property market in 2020 as a ‘fail’ but has identified five key ways it could perform to an A+ standard this year.
For its efforts in navigating COVID-19 and defending the health of the community, the NSW Government deserves much credit, REINSW CEO Tim McKibbin says.
However, Government has ignored issues of huge importance to the property sector created by COVID-19 and failed to address matters that have plagued the industry for decades, which is extremely disappointing, he says.
“Sadly, if property was a subject, the Government came up short in 2020,” Mr McKibbin says.