LOCAL community leaders say a private sector response to Sunraysia’s rental shortage is needed.
Mildura councillor Glenn Milne and Member for Mildura Peter Crisp said low vacancy rates were good for investors, but not for tenants.
“The vacancy rates being low are excellent if you’re an investor and looking to purchase houses in Mildura – it means there’s a really strong market and you’re getting a good return,” Cr Milne said.
“The downside of that is people who are looking for housing and people on lower incomes are at a disadvantage when it comes to finding somewhere to live.”
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