NSW's landlord deterrents 'extremely reckless'
Investors are exiting the market and moves by the New South Wales Government that limit landlords' right to recover their properties are only making matters worse "at a crucial time in our history".
The pool of rental properties is shrinking and demand is growing. (Image source: Shutterstock.com)
The New South Wales Government appears set on proceeding with removing a landlord’s right to recover possession of their property.
It’s clearly a politically populist ploy to appeal to tenants but to dismiss it as merely a stunt downplays its severity.
This will have an immediate and negative impact on a rental market already in crisis. To discourage investors from investing in residential property at this crucial time in our history is extreme…
