Ah! The good old "Australian Way" strikes again.
This mould-ridden rental was on the market for $900 a week. Then Jim Chalmers got up to deliver his 'housing' Budget - and the rent shot up by a staggering $450 OVERNIGHT Quote:A Sydney rental property with mouldy carpets and walls saw its advertised rent suddenly increase by $450 a week after the Federal Budget was revealed.
Treasurer Jim Chalmers announced landmark reforms to property taxes in the Budget on Tuesday, including major changes to negative gearing.
Landlords were previously able to offset investment losses against their income, sometimes pushing them into lower tax brackets. Under the reforms, anyone who buys property after Budget night will not be able to claim these deductions.
Investors who owned property before May 12 are exempt and can still negatively gear investments. Treasury said the reform will see rents rise by $2 per week, on average.
"$2 per week, on average"
Quote:HOME 288 real estate agent Nancy Deng told the Daily Mail the Lindfield property has now been removed from the rental market, but she didn't know why.
Yeah, I wonder why?
Quote:Ms Deng said renovations had triggered the dramatic rent rise.
'The owner has renovated,' she said on Friday. 'I don't know what the renovations were.'
Perhaps you should stop counting your steadily increasing commission and get your lazy @ss out of the office and take a look?
And, I'm betting there's many, many more dumps like that.
Oh, and...
Revealed: The FURIOUS groupchat messages of angry landlords plotting to make renters pay more after Labor’s Budget blow Quote:Wealthy landlords have vowed to raise rents for struggling tenants after the Budget's sweeping changes to property taxes, even if the reforms don't affect them.
Greed, greed, greed. As usual. All while lots of people (including whole families) are living on the streets and in cars, etc.
Disgraceful stuff.
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