Higher interest costs, ageing owners, rising holding expenses and expanding state taxes and tenancy rules were identified as reasons Australian landlords were listing rental homes during 2023. CoreLogic’s Eliza Owen noted investment listings sat above the decade average in most capitals and that owner occupiers were likely buying many of them. PIPA’s Nicola McDougall said investors had left because they felt they had lost control.
Reported by
Bronwyn Allen, The Motley Fool, 17 November 2023 T
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
