Landlords doing it tough

“The landlord, when they’ve got less disposable income, they could be a good landlord, but they might not have the rental income coming in to fix a lot of the small maintenance things that are coming through.”

This was from an article in today’s Age.

It goes on to say that landlords should be rewarded by way of land tax discounts for offering long term leases with rent linked to CPI.

Landlords must not receive any kind of incentives on top the woefully unfair negative gearing.

We need perpetual residential leases where the only way the lease ends is if the tenant wants to leave or the tenant breaches the rental agreement with rent increases linked to CPI.