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Rising taxes, interest rates and tightened tenancy laws. Here’s why landlords say they’re selling up

Press coverage 23 October 2023 Summary of published coverage
Rising taxes, interest rates and tightened tenancy laws. Here’s why landlords say they’re selling up

Former landlords told ABC News that higher taxes, the 2021 tenancy reforms and rising rates had prompted them to sell, with several describing a loss of control over their properties. PIPA’s Nicola McDougall said a significant share of sellers would never invest again, while AHURI’s Michael Fotheringham suggested strong capital gains were also encouraging sales. A quarter of Melbourne respondents had sold a rental.

Reported by

Jessee Thompson, ABC News, 22 October 2023

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