REIV's online petition will give landlords a voice
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Nov 29, 2017
REIV's online petition will give landlords a voice
Richard Simpson, president of the REIV, says the Victorian government's efforts to make renting fairer could cause rents to rise and lower the supply of property available to rent.
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REIV president, Richard Simpson.
The REIV has launched an online petition calling on the Andrews’ government to amend proposed changes to Victoria’s rental laws.
The ‘Rentfair is Unfair’ petition will highlight the concern in the marketplace about reforms to the Residential Tenancies Act that will remove important landlord rights, including the rights to consenting to pets and the ability to make minor property modifications. Landlords' rights to end a tenancy are also eroded.
View the 'Rentfair is Unfair' petition here.
The changes would also reduce a property owners’ security, with bonds capped at the equivalent of four weeks’ rent for all homes rented for less than $760 a week.
REIV President Richard Simpson said the views and rights of the supply side have been ignored, and landlords have not been given a voice.
“Landlords have a significant financial asset at stake and it’s important that they retain the right to choose whether they accept pets or if the tenant is allowed to make modifications to the property.”
“Balanced legislation is crucial in ensuring the private rental market is sustainable, now and into the future.”
“The government is trying to provide tenants with better protections but by reducing landlord rights and their security, it’s going to result in greater screening of applicants and increased rents.
"Some landlords have indicated that they will remove their investment property from the private rental market if these reforms are passed.”
The petition will be received and raised in parliament by Heidi Victoria, Shadow Minister for Consumer Affairs.
The REIV's challenge has received support from both the Opposition and a number of upper house crossbenchers, said Simpson.
Read about the Victorian government's Rentfair policies.
View the 'Rentfair is Unfair' petition here.
Read more about Victoria's proposed changes to rental laws:
Victoria's rushed long-term tenancy legislation unattractive for landlords: REIV
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