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Sydney renters are being taken for a ride

Discussion in 'Property Management' started by drg86, 29th Mar, 2016.

  1. drg86

    drg86 Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    278
    Location:
    Newcastle
    This makes a good read...

    Sydney renters are being taken for a ride

    Very biased from a tenants point of view. I'm sure many people here would actually agree that longer tenure would be welcomed, I sure would love it if my tenants just stayed put and lived in my IP's for life with regular increases in rent each year.
     
  2. EN710

    EN710 Well-Known Member

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    18th Jun, 2015
    Posts:
    2,145
    Location:
    NSW
    The last time I check, Sydney is in NSW? The rules favor the tenant more than landlord here o_O
     
  3. Chilliblue

    Chilliblue Well-Known Member

    Joined:
    18th Jun, 2015
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    1,579
    Location:
    Australia
    And no one is stopping them to become their own slumlord. Interest rates are low, employment is pretty stable what are they waiting for?
     
    EN710 and keithj like this.