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Tim Gurner, Melbourne lord mayor square off over build-to-rent

Apartment developer Tim Gurner has slammed the emerging build-to-rent sector in Australia, calling it "economically stupid".

Speaking as part of a COVID-19 industry webinar, the Financial Review Rich Lister said bringing corporate players into the rental market would wipe out mum-and-dad investors and push up rents.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/residential/tim-gurner-melbourne-lord-mayor-square-off-over-build-to-rent-20200601-p54yem