The Future of Renting: Unveiling the Impact of Proposed Changes to the Residential Tenancy Act
Perth Property Insider Podcast
English - June 07, 2023 17:00 - 29 minutes - 27.3 MBInvesting Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
I've got Jewayne Loong from Investors Edge Real Estate, my colleague who I work with on the show today, to chat about the proposed changes to the Residential Tenancies Act that have just been announced and what they are likely to mean for investors and tenants.
There is a real arm wrestle going on for fair pricing and greater flexibility for tenants.
Although we are not yet sure on when exactly the changes will come into effect, knowing what they are should help you make some better decisions in the meantime.
When looking at the big picture these are all very workable and if they put some investors off, it's only going to push rents to go higher.
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Intro [00:00] Rent Bidding [01:50] What Happens When Tenants Miss Out on a Property Because of Factors Other Than Price [04:29] What’s the Next Proposed Change to the Rent Increase? [06:51] Rent Increase Frequency and Rent Increase Frequency [09:10] The Additional Risk of Accepting a Pet in a Property [13:29] Changes to How Security Bonds Will Be Released [15:39] Disputes Over Bond Payments [18:27] No Grounds Termination at the End of a Fixed Term Lease [20:45] Changes to the Residential Tenancy Act [23:36] Outro [29:08]Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
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