Diane Asenoguan rents a modest apartment in Amaroo, in Canberra's north, but she loves it.
Ms Asenoguan said she had since spoken to other residents of her building, who all rent apartments from the same lessor, who said they had received the same letter. After moving into her apartment, Ms Asenoguan said she felt "blessed", and became friends with a number of other residents."For the people who are old, we've got shops all around us."
Better Renting executive director Joel Dignam said people like Ms Asenoguan were caught "between a rock and a hard place", forced to choose between the uncertainty of a month-to-month lease or the financial burden of a steep increase in rent."But what strikes me about Diane's situation is that she would be protected from excessive rent increases if she were on a periodic tenancy, but, like many people who rent, she wants the security of a fixed-term contract.
As long as investors have negative gearing, they will hold on to it so they can realise capital gains with minimal tax in future. Shadow labour treasurer as well dumping policy to stop these as 'PRwise unpopular'. Post covid when immigration starts, prices will increase again
'If the tenant doesn't sign a new agreement, they will simply go onto a periodic tenancy,' he said.' How more out of touch can they be?! It's bad enough renters have to endure 12mth leases, it's another level to go periodic and hope that something comes up before you're outed.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: abcnews - 🏆 5. / 83 Read more »