Property managers are the negotiators of this time, ensuring all parties arrive at mutually agreeable terms to ensure everyone has a roof over their head.
REIA said Prime Minister is ignoring agent in tenancy agreement
The Prime Minister wants tenants and landlords to talk and agree, but the REIA says the main component of that relationship is the real estate agent and they need an income.
The Andrews government has released a comprehensive options paper looking at significant reform of the Residential Tenancies Act, which governs the rights and responsibilities of both tenants and landlords.
"There’s a lot of renewed faith in the Gold Coast after the GFC and real estate is a safe and solid investment compared with the volatility of shares and low returns of bank deposits."