It’s getting harder to be a rental property owner these days. There’s the Healthy Homes minimum standards, the new rules around the ring-fencing of rental losses, and the looming reforms to tenancy law. And, on top of the swathe of regulatory changes, rental yields remain low.
The changed environment means that some people believe many landlords are likely to exit the rental market. While there’s no real evidence of such an exodus as yet, lots of rental property owners are opting to provide short-term rental accommodation rather than operating in the traditional rental market.