Inspire Realty property investment advisor Colin Lee said investors were fleeing the market at a time when housing supply was at critical lows.
“While people are calling for our leaders to fix the rental market problem, they don’t have
the capacity to build affordable housing,” Mr Lee said. “Instead, they need to encourage private investment to pick up the slack.
“Around 90 per cent of all rental accommodation is already provided by everyday
Aussie investors.”