Quote Originally Posted by minimoke View Post
I alos look at out-of-control councils who keep increasing rates way above rates of inflation - there appears to be no appetite to reigning them in.

Then there is teh insurance companies - look for significantly increased premiums over the years to ensure they have full cover for our natural disaster risks - of which there are many.

And a government that seems hell bent on having the quality of rentals at a higher level than many who actually own their homes. Costs associated with heating/insulation for example.

Add the costs of any mould removal due to tennants not properly ventilating the property and ongoing repairs and maintenance. It all adds up.

Then there is the imbalance of power. A tenant only needs to give 21 days notice a landlord 90.

Which might be OK if you have a tennatn that can afford the rent and pays regularly. Another risk a landlord has to bear.

So much easier to own property stocks on the sharemarket.
Or a commercial building.