In Australia 72% of landlords own only one investment property. They fuck us over at every chance. It’s the same grift whoever plays it, they chase the highest market rates and pay the least expenses (I.e. neglect repairs, substandard maintenance, etc.)
The issue of landlords is not simply big companies buying them all up like Americans are starting to experience, it’s landlords in general being the issue.
In Australia 72% of landlords own only one investment property. They fuck us over at every chance. It’s the same grift whoever plays it, they chase the highest market rates and pay the least expenses (I.e. neglect repairs, substandard maintenance, etc.)
28% of your investment properties being more than one is a fuck ton.
It’s still the overwhelming minority.
The issue of landlords is not simply big companies buying them all up like Americans are starting to experience, it’s landlords in general being the issue.
I think the issue is many people don’t understand exactly how much renting fucks them because they’ve never owned a home.
They’ve never experienced paying the same month amount 10 years later while renters are paying twice to three times as much.