Krissy tried to negotiate her rent increase lower, then the agent asked for more money lolita, 04/08/2024 Tenants have the option to fight an excessive rental increase in the NSW Civil and Administrative Tribunal. NSW Tenants’ Union chief executive Leo Patterson Ross said very few did so as the process was not conducive to renters in need of a quick resolution. Loading Several economists have warned rent caps would stymie the development of new rental properties, but Patterson Ross has urged a more nuanced debate. He said legislation against excessive rent increases, similar to the ACT where rents are capped at the rate of inflation for Canberra rentals, plus 10 per cent, could be one part of a broader strategy of ongoing construction to increase supply and address the chronic shortage of housing in NSW. Patterson Ross said waiting for supply to increase, a long-term solution, wouldn’t help renters like Kristina today. He urged better regulation around housing, similar to water and electricity, viewing it as an essential service, not an investment. NSW rental commissioner Trina Jones said: “There are already rules in place to prevent ‘excessive’ rent increases through the NSW Civil and Administrative Tribunal, considering factors such as average prices, location or the type of property. In the case of a 50 per rent increase, … Continue Reading