NewsBite

Renting

February

Landlords baulk at passing on rate cut to tenants

Investors such as Stefan Belevski say rent increases in recent times have not covered rising loan repayments and other costs.

January

Rosie Wilson, a young investor.

How this Millennial plans to get wealthy even as a ‘forever renter’

What if the great Australian dream could be rewritten to exclude home ownership? Young people like Rosie Wilson are giving it a red hot go.

Victoria has shed 20,000 properties from the state’s rental stock over 18 months.

Victoria loses 20,000 rental properties in 18 months

Investors selling in the short term is not likely to impact rents, but a longer-term reduction in the state’s available stock could.

Apartments are going up, but not enough of them: home-building activity is undershooting what the country needs.

Why interest rates will keep rents high

The latest housing approval figures show Australian home-building is undershooting what the country needs – even with a pick-up forecast this year.

Overseas students still want to come to Australia despite the policy chaos besetting the sector.

Unis expect near-record foreign student numbers despite policy chaos

The Albanese government has been switching higher education guidelines in efforts to reduce the international student intake, with little effect.

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December 2024

Simonelle Mody is a 25-year old finance professional living in a UKO co-living space in Paddington.

Can an ‘upmarket boarding house’ solve Sydney’s housing problem?

Hotel Capital Partners is acquiring the former Quest Potts Point hotel and turning it into short-term rental housing to capitalise on inner-city housing shortages.

An artist’s impression of a proposal to replace what developer Fortis calls an “ageing residential flat building” in Elizabeth Bay with high-end apartments.

Elizabeth Bay luxury tower development rejected

The Rolling Stones made a surprise appearance in a judgment backing residents in a fight with developer Fortis about housing needs.

The common room of a build-to-rent apartment building in Melbourne. Build-to-rent could help deliver 80,000 new homes within a decade.

Game changer or sellout? The election fight over the future of housing

Labor says build-to-rent changes will turbocharge apartment construction. The Coalition says it just kicks the problem along. Get ready for one of the big election battles.

November 2024

Kshitiz (Kay) Srivastava pays $375 a week for his room with en suite in a private student residential complex in the heart of Adelaide.

Impact on rent of foreign student caps is price of a coffee: report

The government says too many international students is putting pressure on the rental market. New analysis reveals student caps will push rents down – by $5 a week

October 2024

After increasing steadily for decades thanks to the Baby Boomers, participation in property investment has started to wane as regulators tighten the screws on lending.

Australia has passed peak property investor

For many around the country, especially Baby Boomers, property investing is a national pastime. But if you look closely, landlord numbers are declining.

The rate of price growth is already slowing, even in the strongest markets.

‘Be careful what you wish for’ in property tax reform

Any benefit from falling house prices by curbing investor concessions may be short-lived. And there would be a price to pay, say property experts.

Some state governments are charging higher taxes and limiting rent increases.

For every $1 increase on loan repayments, rents go up 1¢: RBA

Analysing 13 years of tax returns from 2006-07 to 2018-19, the RBA found that for every $1 increase in interest repayments, investors raised rents by just 1¢.

It turns out Philip Lowe was right about finding a flatmate

Higher housing costs are forcing young people to stay at home with their parents and leading households to rent out spare rooms, RBA chief economist Sarah Hunter says.

Tax policy restrictions on housing investors would be a negative for investors in Westpac and CBA, says Citi.

Negative gearing changes would be a drag on bank stocks: analysts

Citi examined restrictions on housing investor tax settings in New Zealand, and Australia in the 1980s, and found they helped rents go up.

September 2024

Moving on. Jose Pineda has been priced out of Kingsford.

Jose was priced out of his inner-city home. So were 16,000 others

KPMG data shows rising costs are squeezing out much-needed workers from Sydney and Melbourne’s most sought-after suburbs.

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August 2024

Nothing says union power like a multimillion-dollar five bedroom home with a “butler’s pantry”.

Union sells boss’ subsidised McMansion

The Electrical Trades Union is selling a five-bedroom McMansion that once housed its national boss while stalling housing developments across Sydney.

New Eureaka CEO Simon Owen.

Decline in home ownership a boon for retirement operator Eureka

The company’s new chief executive, Simon Owen, says a growing number of retirees don’t have the real estate to buy into more expensive homes.

One of the goals of rentvesting is to cash in on the capital gain of the investment property and use it to purchase your dream home.

The maths justifying rentvesting has changed. Here are the numbers

It’s a popular strategy for building wealth but how does rentvesting stack up after 13 rate rises?

Strata title reform is on the agenda for WA.

Build-to-rent plan risks ‘repelling investors’

Labor has been warned to redesign key elements of its plan to boost affordable rental stock around Australia.

Deals in build-to-rent market ready for lift-off, says US giant

Build-to-rent housing is potentially a big contributor in efforts to plug the country’s chronic housing shortfall which has sent rents skyrocketing.

Original URL: https://www.afr.com/topic/renting-618