The Housing Market Shake-Up: Investors Face New Challenges and Opportunities
Channel: UGRO: For YOUR Wealth
Date: 2024-03-18

Mandatory renovations, higher interest rates, tougher lending criteria, and punitive tax treatment.

From 1st of April, we'll start to see a move back towards the treatment of tax consistent with any other business activity. This will help incentivise private investment into housing again, but it won't reduce rents. 

Why?

Because investors have had to cover the costs of mandatory renovations, and higher interest rates during a recession and drop in real house prices.

People may hate on property investors, but if they didn't exist, more of our tax dollars would have to be allocated towards social housing, and away from other things we need.

Thoughts?