Property investors dogged by flawed pet-friendly rental reforms
New regulations designed to be more pet-friendly for renters could backfire against those it is intended to help.
Well-meaning policies aimed at allowing renters to have pets could still make it harder than ever for pet owners to secure a roof over their head. (Image source: Shutterstock.com)
On 19 May, the NSW Government’s residential tenancy reforms come into effect. Investors will be required to allow tenants to keep up to four pets in their property and their right to unilaterally recover possession of their property will be removed.
These reforms discourage investment
in residential property at a time when the opposite is so desperately needed. And despite the political posturing, it seems voters are wise to the reality.Consider…
