Welcome to planet Earth, I hope you enjoy your stay, and don't forget to pay your rent.
-
AFLW 2025 - AFLW Trade and Draft - All the player moves
-
Mobile App Discontinued
Due to a number of factors, support for the current BigFooty mobile app has been discontinued. Your BigFooty login will no longer work on the Tapatalk or the BigFooty App - which is based on Tapatalk.
Apologies for any inconvenience. We will try to find a replacement.
Society/Culture Landlords - What is the point?
- Thread starter TheBigHorne
- Start date
- Tagged users None
🥰 Love BigFooty? Join now for free.
- Banned
- #827
People who do short term rentals of holiday homes should receive favourable treatment as they are increasing the stock of available accomodation in holiday destinations - giving people more options for affordable holidays.
Perhaps a list of designated holiday destinations which don't affect the overall rental market as they are located in places that don't really have significant rental needs.
Perhaps a list of designated holiday destinations which don't affect the overall rental market as they are located in places that don't really have significant rental needs.
Just so everyone is aware, a notice to vacate is a request.I presume there was no fixed term contract, which allows for 60 days notice.
Notices to vacate and eviction (Private rental) - Tenants Victoria
tenantsvic.org.au
A tenancy contract cannot be torn up upon a notice to vacate.
That means you cannot force a tenant out before the end of the lease contract. This is law in Vic, I know this from personal experience.
If the lease contract is still in place after the settlement date, the buyer takes over the landlord position or the vendor through the conveyancr and selling agent moves the settlement date. Cannot kick the tenant out.
The law says you can't break the contract
Log in to remove this Banner Ad
Here is the article.
Property investors are fleeing Victoria over soaring land taxes
Just 30.6 per cent of all housing loans were taken out by investors as first home buyers return, but experts warn it will make rental properties even harder to find and more expensive.
Key points:
-investors are leaving the Victorian property market due to higher cost associated with rentals in Victoria.
-house prices have stabilised; and rents increasing as a result.
Gralin
Admin
- Admin
- #832
LolHere is the article.
Property investors are fleeing Victoria over soaring land taxes
Just 30.6 per cent of all housing loans were taken out by investors as first home buyers return, but experts warn it will make rental properties even harder to find and more expensive.www.theage.com.au
Key points:
-investors are leaving the Victorian property market due to higher cost associated with rentals in Victoria.
-house prices have stabilised; and rents increasing as a result.
Here is the article.
Property investors are fleeing Victoria over soaring land taxes
Just 30.6 per cent of all housing loans were taken out by investors as first home buyers return, but experts warn it will make rental properties even harder to find and more expensive.
Key points:
-investors are leaving the Victorian property market due to higher cost associated with rentals in Victoria.
-house prices have stabilised; and rents increasing as a result.
- lack of rental availability
- uptake in first homebuyers
Lol.
Gralin
Admin
- Admin
- #838
Do I believe the changes in taxes are impacting the market?
Of course policy changes are all that really will.
It's why real estate lobby developers and landlords constantly push back against any changes.
They don't want their profits impacted.
Now the only way to stop the price gouging that will continue to happen is legislation that controls rent
Doing one without the other won't fix affordability
Of course policy changes are all that really will.
It's why real estate lobby developers and landlords constantly push back against any changes.
They don't want their profits impacted.
Now the only way to stop the price gouging that will continue to happen is legislation that controls rent
Doing one without the other won't fix affordability
Some of the changes have adverse unintended consequences. The article says they might bring in high taxes for vacant undeveloped land, as if the only reason anyone is holding onto property is for investment purposes.
With the price of building skyrocketing and trades all happily tied up with big builds and slapping up "affordable" dog boxes for the likes of James Packer to profit off, I've personally been in a holding pattern chasing the rainbow of building the house I want/need. I'm sure many are in a similar situation, those who haven't already pulled the pin on their dream or just given up
Further financial punishment would be a real kick in the guts, possibly even upend the whole thing. And the people who end up buying those blocks more likely than not are going to be the rich, with builders happy to stick another 3 and a half bedroom every-house with repurposed lock up garage on it, suit first homebuyers...
Gralin
Admin
- Admin
- #842
That's not to say I don't have sympathy for your situation yodellinhank
I know people that had to sell land they were planning on retiring to when land tax came in 20+ years ago
I know people that had to sell land they were planning on retiring to when land tax came in 20+ years ago
As a renter, I'm happy that my overseas landlord has sat on his investment for the past 3 years whilst we've been able to live in the school zone we want, my wife and I are close enough to work etc
I'm not too keen on further changes that could upend us and set us further back in hopefully being able to build a house which we will be able to live into old age with one of our children (who has needs due to disability).
The houses around here are mostly ex-commission 2 & 3 BRs with pretty reasonable yards. The kind of "perfect for first homebuyer (to soon outgrow)" places. They seem to be being bought by flippers (which has already happened in the case of where we're staying prior to our landlord owning it) or developers who put up double story townhouses. None of which really helps families. It does seem to help the already rich.
🥰 Love BigFooty? Join now for free.
- Banned
- #845
How aren't they accessible?
For people like my child or the elderly. You can get stair lifts which are quite expensive and not always a solution. In the case of my son (who also has intellectual as well as mobility issues) or the elderly stairs can pose a massive even catastrophic fall risk. Often, in the case of townhouses especially, I suspect the turning circles and landings required may not be possible.
- Banned
- #847
That's fine, but unsure how they should be illegal.
That's the bit I'm grappling with with Gralin's post. What makes them illegal?
Similar threads
