Sydney real estate agent advises landlords they can kick out long-term tenants to raise the rent

General Chat Chat / Discussions
1

Sydney real estate agent advises landlords wanting to capitalise on the rental crisis they can kick out long-term tenants to raise the rent
Of course I sent him an email.

Wow, just wow, your words typify what capitalism is all about.
Profit, no matter who is thrown under the bus.
Your statement appals me, there will be landlords who will do exactly that.
Throw people out onto the street so that the landlord can make more profit than they already are making.
The sickening thing is that is legal to evict tenants for no other reason than to raise the rent.
You do know that people commit suicide because they have been thrown out of their home and have no prospects of ever having a roof over their heads for the rest of their lives?
Most certainly not every landlord has a mortgage. Many, many own their rental properties and are simply raking in the money.
You think this is okay, to evict people and have them live a life of destitution?
Attitudes like yours are the reason Australia’s underclass is growing every year.
Shame on you, shame on the business community.

2

To be fair this was always the case. Once the initial lease (usually three months) ends the tenancy is on a month to month basis and can be terminated with one months notice. Nothing new there other than the severe shortage of housing.

As a landlord I personally never evicted anyone but I could with the appropriate notice, no reason is necessary. The rents rose in accordance with prevailing conditions - usually more to do with the vacancy rate than the CPI

1 Like
3

It is a sport, watching the thresholds rise, until the market collapses.

Poor little them :smiley:

1 Like
4

My tenants usually hold a 12months guarantor-lease that can only be renewed at my discursion. That is only after the initial 6months lease so I can be sure that the tenant is not a property abuser or a neighbour annoyer.

1 Like