private landlords

rental market
News Property
Private landlords’ exit impacts the rental market
A new report by economist Jim Power concludes that the changing and challenging regulatory and taxation environment is largely responsible for private non-institutional landlords leaving the rental market. This while rents are going up and the supply is coming down… High taxation, rising rentals, and high maintenance costs are some of the reasons investors are exiting the market. The study also found that Rent Pressure Zones, which limit the extent…