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Originally Posted by thegreatestben
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 ?
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Originally Posted by whatsup
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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