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  1. #1
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
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    4,469

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    Quote Originally Posted by thegreatestben View Post
    I'm already getting smashed for being a landlord and I'd like to think I'm one of the good ones. I've got nowhere to go for rent increases, already top of the market (brand new 3 beddies) and this would just be the water level rising even further above my head. This policy is lunancy for a multitude of reasons but for me the main thing is there's no regard for Landlord's who are already providing a high quality and necessary service.
    Can you rent your property out for only 1 year , this way you stay in control ?

  2. #2
    Guru
    Join Date
    May 2006
    Location
    , , .
    Posts
    3,330

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    Quote Originally Posted by whatsup View Post
    Can you rent your property out for only 1 year , this way you stay in control ?
    No - fixed terms automatically roll to periodic.
    Besides the Greens rule means that new tenants only pay 3% (or whatever the rule (1% less than wage growth, inflation, 3% whichever is lower)) more than previous tenant.

    I was in Porto a few years back (2019) and they had just come off rent price controls - a huge amount of backed-up maintenance underway.
    Some places were a real mess as maintenance was dropped to make ends meet.
    Not a good idea!

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