Property investors have been unfairly scapegoated for Australia’s housing crisis. As such, challenges and disincentives have been mounting, with higher property taxes and more stringent tenancy standards and maintenance rules adding to the pain of increased interest rates and cost-of-living pressures.
Investor listings have jumped sharply higher than the 10-year average in most capital cities. The proposed rental controls in Victoria, and their continued debate across the nation, may well be the tipping point for many more property investors to sell up.