Home Real Estate RENTAL FREEZE to cause a housing market crash?

RENTAL FREEZE to cause a housing market crash?

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RENTAL FREEZE to cause a housing market crash?

This change to property regulation could crash the market, forcing thousands of investors to sell. Today we uncover exactly what’s going on and more importantly how you can take advantage of this policy change, before if you’re looking to buy a home, this could be a game changer for you!

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29 COMMENTS

  1. If they force Investors out of the market where are the people that need to rent going to find an available property.
    If an Investor doesn't get a return on their investment then they'll move on and find another form of investment, it might force the price of property down somewhat but how many people that are currently renting will be able to buy a home at any price, this would only make the situation worse because there will be less available properties in the rental pool and more and more people looking to rent as Imigration ramps up and students return in numbers again.

  2. Tried to find a rental 6 months ago. Gave up. Living with my bro. In the holding pattern and will buy my van to live the van life. Perfect time for me in my life. Disconnecting from society is freedom at its finest.

  3. It is easy to get rentals especially now, in the city, as all the useless people are finally leaving to go back to live with their parents.

    Greens are not in power so that 2% will never happen.

    Interest rates will rise to a point where realestate investment is not worth it for most people, and they are forced to sell or go bankrupt.

    properties for sale will increase, lower borrowing amounts will force sales prices down.
    First home buyers can enter the market.

    Good times a head.

  4. Economically speaking, rent control/price ceiling is counter-productive. New York, Cairo tried this policy at large scale, and failed miserably. However the question is : what is the probability of this legislation to pass by the parliament?

  5. Let it crash, need to buy more properties for a discount, the plan is to retire by age of 40, find a hot girl for the wife and then gallivant across the world while passive income is flowing in without having to go to work and make money for ungrateful employers.

  6. I can't believe that the Australian (Labor) Government would even contemplate legislating freezing of rents (what the Greens / Communists are proposing). When I woke up this morning, we lived in a free-market and democratic society (at least what I thought anyway). Every time Government tries to intervene in a free-market society they only stuff things up. If I'm correct, I remember the Keating (Labor) Government abolished "negative gearing" and again, if I'm correct, it's one of the only times where legislation was passed to remove something (negative gearing) and then re-introduced by the "SAME" government / parliament and in the same term of parliament. Why you may ask…well when they abolished negative gearing, property investors got out of the market and the public housing wait list skyrocketed by many, many years (maybe a decade of more). We are already seeing property investors liquidating their property investment portfolios because of increased costs, land tax etc etc. Brisbane City Council wants to increase the rates of property investors who have their properties on AirBnB etc to ease the housing shortage in Brisbane. The increased rates will not make a dent in the rental housing shortage. I've even heard that the Queensland Government wants to take into consideration the location of an investor's entire portfolio to determine how much land tax is payable in Queensland (https://hwlebsworth.com.au/state-of-origin-qld-puts-land-tax-on-interstate-properties/). Property investors provide the housing that Government has failed to provide. On what planet have politicians been living on to not recognise that the signs of housing shortage have been around for decades and decades. Now they entertain stupid proposals to freeze rents for 2 years because they live and breathe by the election cycle and only pander to the lobbyists to get re-elected. Australia is fast becoming the not-so-lucky-country!

  7. This should be called the LOL policy, as it is comedically bad !
    I can't believe that The Greens actually thought this up, talked about it a bit and then presented it as an option. It goes to show that they're 100% removed from reality 🤣

  8. About a third are people in a Australia are renters. Landlords that put up rent aggressively is just plan stupid, if they can't afford to be in the landlord business they should exist. My son just moved this week in Brisbane the landlord put up the rent by $100 and now can't rent the property out. It seem like 1980-90 way of living returning where you stayed at home longer as rent was to expensive. In the past you stayed with parents to the age of 30 but now 40 due to lower wages and higher education cost.

  9. These politicians are getting out of control. If these regulations pass through, the property market will collapse taking Australias house of card economy with it. How about instead increase the supply of homes???

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