Saul Eslake

Increasingly, state and local governments are legislating to curb the use of properties for short-stay accommodation, in hopes of easing a historically tight and costly rental market.

“Australia is in the middle of a 30-year property bubble. It is a bubble inflated by government policy, and every time it looks as if it might burst, governments rush to blow it up further. All bubbles pop eventually, but few are maintained as carefully …”