Investors 'will exit the market' if rental reforms miss the mark
Rental reform is on government agendas but changes need to factor in the impact on the supply of properties being provided by investors to renters, writes new REIWA President Suzanne Brown in her first exclusive API Magazine column.
Around three quarters of surveyed property investors say changes to legislation would influence their decision to sell their investment property. (Image source: Shutterstock.com)
As we head into a federal election on 3 May
, the usual debate about negative gearing and capital gains tax has raised its head.With the nation in the midst of a rental crisis, a sensible approach to rental reform – whether that’s tax settings or tenancy legislation – is needed. Otherwise, we risk losing more investors from the market, deterring potential investors, and perpetuating the current situation.
We know investors are sensitive to legi…
