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Renting

Yesterday

Discounting war as landlords slash rents

A discounting war is in full swing in the rental market as landlords try to fill empty properties or keep existing tenants, with the proportion of properties with discounts surging since the emergence of COVID-19.

  • Ingrid Fuary-Wagner

This Month

AssetOwl raises $1.5 million for virtual inspections

The disrupter has developed an app that permits agents to guide tenants remotely to do inspections, creating a record that stands up in court.

  • Michael Bleby

May

Investors sell up as rental stress rises

Rental stress rose in most cities despite the JobSeeker and JobKeeper grants, prompting investors to consider selling up.

  • Nila Sweeney

Rental market hit by student exodus: Gurner

Tim Gurner says the treatment of foreign students by state and federal governments 'was incredibly poor' and its impact on the rental market will be huge.

  • Larry Schlesinger

NSW taps underworked commercial builders for social housing

The depressed development cycle gives state agency a window of opportunity to tap the private market to redevelop much-needed stock.

  • Michael Bleby
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Investors jump ship as renters leave

A growing number of investors are selling up amid a worsening rental market.

  • Nila Sweeney

Rebel without a cause on cheaper rents

Super Retail Group is trying to negotiate cheaper rent but in one store sales have gone up more than 50 per cent during one week in April.

  • Matthew Cranston and Nick Lenaghan

DealCorp takes aim at tenants over rent

Strained relations between landlords and tenants are in full swing, from Australian Pharmaceutical Industries to Bupa.

  • Carrie LaFrenz

Singapore expats ask for rent cuts as employers tighten belts

Government support measures to combat effects of the pandemic focus on citizens and are tough for resident foreign renters.

  • Faris Mokhtar

Why the biggest property price falls are ahead

Expect a big hit to residential property prices as rent takes a bashing at the same time interest rate deferrals and government assistance unwind.

  • Matthew Cranston

Melbourne house prices fall, Sydney loses steam

Melbourne and Hobart house prices fell in April, while the value of homes in Sydney lost steam after a slowdown in sales halved the pace of growth nationally.

  • Ingrid Fuary-Wagner

April

JobSeeker makes rental more affordable – for now

Welfare payments will drop back in six months and many affected people will also be out of work – increasing housing hardship for many.

  • Michael Bleby

Inflation to edge up, but then plunge into deflation

Economists expect deflation is already making its way into figures even though the annual rate could edge just above 2 per cent.

  • Matthew Cranston

NSW lease extensions open up funding for housing providers

A door has just opened that allows the state's crucial social housing sector to tap new funding to develop new homes.

  • Michael Bleby

More property insurers scrap cover for rent defaults

The new restrictions are increasing the risk of losses for investors as sales and the market sentiment take a hit.

  • Duncan Hughes
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Angry property investors claim they are forgotten victims

With some tenants asking for rent payments to be reduced or waived altogether rent thanks to COVID-19, landlords have a number of strategies available to them.

  • Duncan Hughes

Australian Unity raises for disability housing fund

Industry forecasts for the emerging specialist disability accommodation sector are expecting the creation of a $5 billion asset class. 

  • Nick Lenaghan

AFR readers back tenants in COVID-19 rent debate

In our latest poll, 72 per cent of almost 500 readers said they would support protections for residential tenants, while 15 per cent did not.

  • Hannah Wootton

NSW gives 25pc land tax relief to landlords

Landlords of both commercial and residential properties will gain $440 million worth of land tax relief from the NSW government if they assist tenants hit by COVID-19.

  • Matthew Cranston

Victoria pulls plug on property inspections in occupied homes

Industry body slams "absolutely disgraceful" behaviour in which estate agents were informed of new rules at 5.35pm just before a long weekend.

  • Michael Bleby