Exactly - let’s say 5% landlords can longer afford to own an investment property as rates almost double this year. - 50% put their property up...
Going back to gas station example, gas station owners set the price based on wholesale costs and then 2-3% wiggle room to attract the customers....
Sydney population didn’t exactly double in 3 years so it was definitely rate rises. Interest rates are a network cost. No other period in time...
Accommodation is a necessity - if house prices can go to wage multiples of 20 in Sydney, why can’t rent prices? People have to live somewhere.
Rent rises as a result of interest rate rises - my pre morning coffee posts should be read with caution :D:D
Because most likely market moved before you did and hence you acted with the market. Thinking that interest rates costs won’t get passed on to...
So far most of the rent increases have come due to fewer properties being available for rent. Loads of FHBs entered the market in 2020-21 and the...
This could apply on fuel prices as well .. if nobody went to fill up cars for a week but gasoline and accomodation are essentials that you just...
While rents are driven by supply and demand, if costs of most landlords go up, all costs will get passed on. Just like when shipping costs go up,...
1000sqm includes all of the driveway, other houses just have access easement over it. House itself is 700sqm which is average in this pocket of...
This property just sold off market for $2.7m in Cherrybrook. No CTHS catchment, single level, no street frontage....
Few issues with their approach mainly too overzealous in taming inflation and treating it as if it was due to too much economic productivity.....
it’s funny governments dipping into each others’ pockets thinking they are punishing investors
More increases would come soon .. I am inclined to pass on future rent rises as two levies. 1) State labor land tax levy 2) Federal labor...
I don’t think data is changing every day. People have been voicing recession risks from many months ago but the problem is that if central banks...
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