First major plant undermining this sector was several years ago when the Govt changed the rules to not allow depreciation on houses.
My view is this is fundamentally iniquitous as houses wear out gradually over their expected lifetime, (building code is houses are designed to last approx. 50 years so 2% depreciation as a minimum should be allowable.

This year we've now had ringfencing of looses so investors can no longer claim the loss against other income.

There have been many other changes including new standards for homes insulation to name just one other and of course we've seen the ever increasing risks of being a landlord through the widespread proliferation of methamphetamines but now this, a real "clanger" making it really hard to get rid of bad tenants.

Very pleased not to be a landlord and I am not going there.