[darrellh]

With interest rates coming down there should be no reason for rent to go up. It has to stop as it simply is not sustainable and that is all there is to it. No one can keep affording to pay more and more of their income and still be able to afford to live with everything else going up as well.
None of the states have built sufficient homes to come even close to their promises so that is not working and yet they stay on that same pathway. Come on drastic problems call for drastic measures. Roger Cook keeps trying to lure tradies from other states. That's really helpful for those states they may leave. At the end of the day there are only so many tradies in Australia and clearly not enough so that is not the answer, so what's next. Get to the root of the problem and fix it for heaven's sake. That is what you get paid for then people might actually be able to live in affordable houses. Wouldn't that be nice?

 

[June E]

As I keep saying stop bringing so many people into this country that can’t even house the people already here !
Maybe the idea is to raise the rentals then the elderly pensioners won’t be able to pay, so that many will end up on the street and die from the elements and disease ? More empty houses to rent and the so called gov saves money on pensions! OK a bit far fetched but February next year that might have been me, luckily I have family who wouldn’t see it happen to me. Even though I would hate losing my independence !

 

[Clancieblue]

Raise his grocery bill by $5 a week in case he gets a shock when he needs to eat.

 

[Sherril54]

I don`t think immigration information is correct:
Quote: In 2023, net overseas migration for the 2023-24 financial year was 446,000 people, a decrease from 536,000 in 2022-23. This figure reflects the net gain in Australia's population from international migration over the period, with migrant arrivals falling and departures rising during this financial year.
I`ts all very well to blame immigration as part of the issue, and then there are complaints that we don`t have enough immigrants to satisify economic growth (so what is it )??
Firstly I think it`s a mix of poor Government planning, not slowing down the high number of investment properties. Controlling overseas investment in residenial properties and now we have this "you beaut" first home buyers scheme which is also going to increase the price of housing.
The agents advice is not going to solve anyone`s problems.

 

[Isis]

Having a daughter with a rental property and one renting I see both sides maybe paying less more often might be s good choice. On the other side the owners has overheads taxes etc that are also going up. So everyone is between a rock and a hard place.

 

[Towing]

I wonder what the % is of Govt charges have gone up by during that time. Maybe the Valuer General has put too high a value on the properties. I know somebody whose country property value was pushed up to $1,000,000.00 The owner would be lucky to sell it for $500,000.00
Landlords would add a small % for the costs of maintenance such as plumber, electrician etc

 

[Isis]

As I keep saying stop bringing so many people into this country that can’t even house the people already here !
Maybe the idea is to raise the rentals then the elderly pensioners won’t be able to pay, so that many will end up on the street and die from the elements and disease ? More empty houses to rent and the so called gov saves money on pensions! OK a bit far fetched but February next year that might have been me, luckily I have family who wouldn’t see it happen to me. Even though I would hate losing my independence !

I hear you. We are a country built on immigration, but the lack of control over numbers is going yo bring us to our knees

 

[Gil]

Korumburra is NOT in Melbourne's South-East as claimed in this article. Yes, it is South-East of Melbourne, but it is 120km away. It is well into the country in Gippsland.

 

[Frida1944]

I am a landlord and consider myself a fair and honest one and would pay no heed to this "advice" which is pure venality disguised as concern!

 

[mOiOz]

With interest rates coming down there should be no reason for rent to go up. It has to stop as it simply is not sustainable and that is all there is to it. No one can keep affording to pay more and more of their income and still be able to afford to live with everything else going up as well.
None of the states have built sufficient homes to come even close to their promises so that is not working and yet they stay on that same pathway. Come on drastic problems call for drastic measures. Roger Cook keeps trying to lure tradies from other states. That's really helpful for those states they may leave. At the end of the day there are only so many tradies in Australia and clearly not enough so that is not the answer, so what's next. Get to the root of the problem and fix it for heaven's sake. That is what you get paid for then people might actually be able to live in affordable houses. Wouldn't that be nice?

Sadly, landlords are quick to increase rentals when mortgages increase, but will never decrease when mortgages have been...

 

[mOiOz]

I hear you. We are a country built on immigration, but the lack of control over numbers is going yo bring us to our knees

Too true, in more ways than one!

 

[Sherril54]

It is always easy to blame immigration, for the rising price of housing, as mentioned, immigration has decreased in Australia not increased. What the Government should have done many years ago is increase decent public/social housing, there are some people who will never own their own home in Australia (for whatever reason and without judging them) and this Government should be ashamed that anyone is facing or is currently dealing with homelessness in this country!!!.

 

[RobbyNotTheRobot]

I`ts all very well to blame immigration as part of the issue, and then there are complaints that we don`t have enough immigrants to satisify economic growth (so what is it )??

As Margaret Thatcher would ask 'and who are these people who complain that we don't have enough immigrants, what are their names of these who complain?'
The only ones I have heard complain are the Politicians/Economist trying to brainwash us.

 

[Iggydi]

We have great landlords and they try to keep our rent to a sensible rate. The real estate suggested to them to put our rent up by $85 a week. The landlord said no because we have been here for 23 years. We keep the place tidy and fix things when they break. The real estates just want more money which is part of the problem

 

[Leenie]

Whenold JOH B.Peterson was Premier ( love him or hate him) there were lots of housing commission homes built, and over the years they were all all sold off , he also had power houses built etc, you don’t see that happening anymore. Fed and state governments now are jus t wasting money and not spending itwhere needed.

 

[Leenie]

Whenold JOH B.Peterson was Premier ( love him or hate him) there were lots of housing commission homes built, and over the years they were all all sold off , he also had power houses built etc, you don’t see that happening anymore. Fed and state governments now are jus t wasting money and not spending itwhere needed.

 

[siameezer]

I don`t think immigration information is correct:
Quote: In 2023, net overseas migration for the 2023-24 financial year was 446,000 people, a decrease from 536,000 in 2022-23. This figure reflects the net gain in Australia's population from international migration over the period, with migrant arrivals falling and departures rising during this financial year.
I`ts all very well to blame immigration as part of the issue, and then there are complaints that we don`t have enough immigrants to satisify economic growth (so what is it )??
Firstly I think it`s a mix of poor Government planning, not slowing down the high number of investment properties. Controlling overseas investment in residenial properties and now we have this "you beaut" first home buyers scheme which is also going to increase the price of housing.
The agents advice is not going to solve anyone`s problems.

You are correct, but people love to blame immigration because they haven't researched what is really one of the biggest problems when it comes to affordable housing.
There are allegedly 10.1% (1,043,776 homes) of Australia’s 10,318,997 private dwellings that are unoccupied. Homes are being "land banked", that is, held vacant until the local area economics (or personal circumstances) make it more profitable to sell or redevelop the property. There should be laws against allowing housing stock to remain vacant.
Other reasons are the rise of short-term rental platforms like Airbnb, which have severely impacted the availability of long-term rentals.

 

[getting there]

The Government should not allow foreigners to buy our properties. Few other countries allow this to happen. No wonder our prices have catapulted. The flimsy solutions about building more houses won't solve the problem, as the governments well know. Why doesn't the Government want to stop foreigners buying them? Why is it never mentioned on the media or by journalists or politicians? They keep harping on how generous they are in reducing the deposit to 5% to first home buyers, but that will only increase prices. Only the rich will be able to afford a home, together with the rich foreigners.

 

[mOiOz]

Sure makes sense, but what else doesn't make sese is, the government giving just a minimal 5% to first how owners!

If a homeowner cannot afford a larger deposit, their monthly mortgage payments (for houses that have rocketed in price), would be astronomical - how would they pay it off?
Sadly, I see a large number of these owners, foregoing repossession, only to create more hardship, financially and emotionally.

It's a ruse to make us believe the government are decreasing the problem, and also a false security for the owners!