Today Rental Problems Discussions.

Welcome to our article (156) Today rental problems discussions.

Dear readers, we can say that today the rental market has many problems, so, it is a never-ending story and everybody laments about it. Whether you are a tenant or a landlord it makes no difference, the rental market is out of balance, so, there are many problems to solve.

The main problem is that there are not enough houses or unit for rent on the market, because houses and other rental accommodations cost too much to build, too much to buy, and then they cost too much to run. Not only that, but they are also very hard to run, and if you are not careful enough you can lose money, these are some of the reasons, why there are less people that own properties for rent.

Part of these problems can be solved with more money, like more rent assistance from Centrelink to those people that are on Centrelink payments and the low-income earners. But I wonder whether the federal government has worked this out and is going to do something about it in next federal budget, which is only a few days away, and with a federal election coming up, there is hope that the treasurer will do something about it, we just must wait and see. Now let us look at this problem the small landlord way.

We could say that the small landlords are slowly disappearing, and if the politicians want to save them, because the rental market needs them, even if some politicians do not see it that way, because it is convenient to them since they gain some extremist votes. But I believe they are wrong to see it that way, because I believe that the small landlords are needed, and they should be on the endangered list and make laws that helps them, instead of blaming them for everything that goes wrong on the rental market, after all the rental market needs them a lot more than the politicians think, because it has been so in the past, when everything was more balanced.

So, what is the reason this is happening, one may ask. Anyhow, I do not like to say this, but I must say it to make it clear what I believe is happening.

Today the rental market is so harsh that is near impossible to be in it and survive without being hurt, because one spends so much time to run the rental property and there is not enough money in it. Even if you have been there for a long time, things are becoming so bad that you wish you did not have any property for rent, at least that way you could live in peace. And what’s about when you get some tenants that do not want to pay your rent, they damage the property and leave only after they have done so much damage. This is what the politicians that want to make rental laws should think about; they must make balanced rental laws, and not only laws in favor of the tenants.

Now we want to discuss, how we can avoid some rental problems. I believe that most rental problems happen on the cheap affordable rental section, because if people are not careful there is not enough money to go around. Today it is a bit worse than in the past because building houses and units costs a lot more, also to run rental properties cost a lot more. However, this can be overcome if Centrelink pays more rental assistance to people that qualify for rental assistance. But even here we can run in problems, because some people cannot be trusted.

I have seen it happen to a close friend of mine. You see, he rented this unit to two mature people that seemed good enough to him, they did not have a permanent job, but he thought that even if one day they ended unemployed and received unemployment and rent assistance, they would be able to pay this affordable rent easily, but it did not work this way, because at one stage they started not paying rent for a long time. My friend asked them several times verbally and in writing, but they came up with some excuse, they even said that Centrelink has not paid them, which is hard to believe, since I believe that they pay people that have no money.

Anyhow, my friend needed that rent money, since he is retired on part government pension, and counts on receiving that rent to live a modest life.

Here one needs to ask. Would it be better not to have any property for rent when you are old? Because is looks like that you would be better off financially, and you can live a more relaxed life on a full government pension.

Here again one must ask, what is happening to the rent assistance money that those people get?

Would it be better if this rent assistance money is paid straight to the landlords? To stop these selfish tenants use it for themselves, after all that money is being paid to pay the rent. So, it must be used to pay the rent.

This is what the politicians should think about and make better laws how to improve the rental property market, instead of siding always with the tenants, when a few of them are so nasty towards the landlords, that makes the landlords quit the rental market for good. Which will only make the rental market worse off.

I hope I have made it clear enough what needs to be done to improve rentals.

See you next time.