PIPA used its 2024 Investor Sentiment Survey to push back on claims that landlords were profiting from higher rents, reporting that roughly 65 per cent of investors were in negative cash flow, up on the year before. Chair Nicola McDougall said elevated interest rates had swamped any rental gains, with 42 per cent describing cash flow as tight and 11 per cent drawing on savings. Some 57 per cent were weighing a sale.
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