A NSW Labor Government would legislate an end to the practice of rent bidding, to curb the spiralling cost of tenancy.<\/p>\n\n\n\n
Secret rent bidding encourages renters to continually out-bid each other on price to secure a home, driving up the costs of rent. It has to stop.
The Government has had 12 years to act on this dodgy practice that is already outlawed in other states, but they have sidelined and ignored renters.
Labor\u2019s plan will mean that all rental transactions will be open and transparent. If renters want to offer more than the listed price, this is disclosed to all applicants who then have the chance to match the offer.<\/p>\n","protected":false},"excerpt":{"rendered":"
A NSW Labor Government would legislate an end to the practice of rent bidding, to curb the spiralling cost of tenancy. Secret rent bidding encourages renters to continually out-bid each other on price to secure a home, driving up the costs of rent. It has to stop. The Government has had 12 years to act on this dodgy practice that … Continue reading “END SECRET RENT BIDDING\u00a0“<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-20798","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/20798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=20798"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/20798\/revisions"}],"predecessor-version":[{"id":20799,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/20798\/revisions\/20799"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=20798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=20798"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=20798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}