Today rental problems discussions.

WELCOME TO BRISBANE AFFORDABLE RENTALS, YOU ARE INVITED. In this blog, we will discuss rental problems that we may encounter when renting, and the problems of running affordable rentals. We will also discuss, what the government can do to help the renters pay their rent, and the property owners run a better service to the renting community, instead of blaming the landlords.

Anyhow, we believe that the government Social Security System, can help both the people that are renting and the property owners. They should give more rent assistance to people on low income that are renting, and they should abolish or modify the assets test on active rental properties, if they want the rental market stand on its own, so, to speak. For this reason, we are writing several articles, where we will talk about the rental problems and the Social Security System. 

This blog can be found at this link, http://affordablerentals.blogspot.com/))

And here are other links to our internet articles

http://menfranco-re.blogspot.com/, http://manneedsgod.blogspot.com,  http://menfranco.blogspot.com, 

http://ifyoubelieveingod.blogspot.com/, http://genzanoit.blogspot.com/, 

https://sites.google.com/site/prayersofreconciliation/,https://sites.google.com/site/menfrancoreconciliation/

This article can also be found at this link, Today Rental Problems Discussions. 

Discussions about Australia rental shortage.  

When there are not enough houses or unit for rent it is hard for everybody to find accommodation, it is a real problem. But what are the reasons why this is happening to a greater degree now than in the past, because in the past these things did not happen so often. 

Welcome to our article, Today Rental Problems Discussions. 

Dear readers, what I am going to say in this blog is a bit controversial, because it is not what most people want to hear. You see, people always side with those people that are believed to be the underdog, but in this article, we want to point out that those people that seem to be better off than the underdog, in realty, they can be even worse off than them. 

Anyhow, 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.    

 

Today the landlords are slowly disappearing. 

We could say that the small landlords are slowly disappearing, it seems that everybody hates them, when in fact they should be viewed as the heroes of the rental market, because it is so hard to be on the rental market. Now, if the politicians want to save them, because the rental market needs them, it is okay, but 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, instead of trying to solve the rental problems that never end. 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 make the rental laws should think about; they must make balanced rental laws, and not only laws in favor of the tenants.

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  We can solve some rental problems. 

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, for a long time which is hard to believe, since I believe that Centrelink pay people that have no money regularly.

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 it looks like that you would be better off financially, and you can live a more relaxed life on a full government pension instead of being pestered from tenants that sometimes don't even pay the rent.

Here again one must ask, what is happening to the rent assistance money that those people receive because they are renting?

When things like this happen, 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. 

This is what the politicians should think about and make better laws how to improve the rental property market. Perhaps they should pay even more rent assistance but make it obligatory that the rent is being paid, instead of siding always with the tenants.

We could say more, but this is all for the time being.

 

To see more click on this link, Today Rental Problems Discussions.

How we can fix the rental shortage

WELCOME TO BRISBANE AFFORDABLE RENTALS, YOU ARE INVITED. In this blog, we will discuss rental problems that we may encounter when renting, and the problems of running affordable rentals. We will also discuss, what the government can do to help the renters pay their rent, and the property owners run a better service to the renting community, instead of blaming the landlords.

Anyhow, we believe that the government Social Security System, can help both the people that are renting and the property owners. They should give more rent assistance to people on low income that are renting, and they should abolish or modify the assets test on active rental properties, if they want the rental market stand on its own, so, to speak. For this reason, we are writing several articles, where we will talk about the rental problems and the Social Security System. 

This blog can be found at this link, http://affordablerentals.blogspot.com/))

And here are other links to our internet articles

http://menfranco-re.blogspot.com/, http://manneedsgod.blogspot.com,  http://menfranco.blogspot.com, 

http://ifyoubelieveingod.blogspot.com/, http://genzanoit.blogspot.com/, 

https://sites.google.com/site/prayersofreconciliation/,https://sites.google.com/site/menfrancoreconciliation/

This article can also be found at this link, How We Can Fix the Rental Shortage, 

Looking at what needs to be done to fix the rental shortage

We all know that there are many types of properties for rent, but today there is a shortage of affordable properties to rent. So, we are going to look at the reasons why this is happening and discuss what could be done to improve the situation. 

How We Can Fix the Rental Shortage,

Welcome to our blog, How We Can Fix the Rental Shortage,

Dear readers, I believe that the rental shortage can be fixed, if we look at the reasons why this has happened. But the main reason, I believe it is because today there is not enough money in renting properties, and a lot of expenses and problems. This is not what most people want to hear, but we must accept that this is the truth, because if there was enough money, there would be lots of people wanting to own properties, and lots of properties for rent. 

Anyhow, in this article, we are discussing what are the main causes, and then, what could be done to fix the rental market. I know that what I am writing here is my personal views of the situation. But even the views of a single bloke can sometimes help find a solution. Anyhow, I have been following the rental market shortage for a while, and in my lifetime, I have been renting one or two properties myself, perhaps then it was easier than today to rent a property, but even then, it was not easy. Anyhow, I know something about rentals and the problems that people encounter, so, I want to see if there is something that I can suggest how to improve the situation, but it seems to me that today there is no quick fix option, and I believe that if we don’t do something about it soon, it may even get worse, because prices will continue to increase on the rental market.

One of the reasons of course is that there are not enough houses or unit being built, and until they build more houses and units this shortage will continue, and the prices of houses and rental will continue to go up, but that is not easy to do, because there is also this skilled labor shortage and other financial problems.

Today it seems to me that this problem is not going to go away by itself, like it did in the past, when everything was more balanced and affordable. Therefore, it needs to be studied and fixed by the governments of the day. But most times the people that we send to the government, instead of looking at the reasons why this is happening and find a solution, they blame the landlords, when the landlords find it hard to stay on the rental market, because there is not enough money to run the business, and one of the reasons, is that there are too many levies to pay. Then the price of the properties goes up, and to build a new building costs a lot of money, that is hard to recuperate during the usefulness of the building, it seems all a chain reaction that continues, and needs to be balanced and fixed, if we want to go back to normal rental affordability, so, what needs to be done?

What we believe needs to be done. 

I believe that what needs to be done, is to look closely at what was different when there were enough properties on the market, and somehow there were enough rental properties being built, and somehow, they were able to keep pace with what was needed. Today we blame the government that lets too many people come to Australia, but I believe that, this is only part of the negative situation, and it needs to be balanced. In fact, in the past it seemed to be a good thing that people came to Australia, at a steady pace, and the economy was running along well, because there was enough work for the building tradesmen, but that equilibrium has been lost today. So, it would be good, if we can find a way to balance those needs.        

Anyhow, to make the right decisions we must look at the reasons, why today the rental shortage is this bad, because in the past there has not been a rental shortage so severe, so, what are the reasons?

One of the reasons is the governments greed that charge too many high levies on rental properties, and the landlords are forced to pass in on, they cannot run a business at a loss. Sometimes what they do is evident, at other times it just happens, and they do nothing to fix it, because they collect more money. One of these examples can be found hereunder, where the Queensland government collects more money, just by not changing the land tax threshold. Which we are going to show you hereunder.

 

One of the issues is the land tax. 

AS I have said, one of the issues is the land tax levy, that these days is too high. (So, here I quote from what I found on the internet)  

From the internet

Taxpayers would need to pay $1 billion each year to give landlords the tax breaks they desire, Queensland government modelling shows.

The Treasury analysis comes in response to lobbying from the Property Owners Association of Queensland and the Real Estate Institute of Queensland (REIQ) to reduce land tax on landlords.

The Property Owners Association wants the state government to raise the tax-free threshold on land values by 200 per cent, from $600,000 to $1.8 million.

Treasury modelling shows the proposal would cost the budget $1 billion a year over the next four years.

The REIQ wants land tax thresholds indexed to keep up with inflation since the threshold has not changed since 2008.

A Treasury spokesperson said the proposal would cost taxpayers hundreds of millions of dollars each year, rising to $400 million in the 2027/28 financial year alone.

"Land tax is a critically important part of Queensland's revenue base," the spokesperson said.

"It pays for things like new roads, hospitals and schools, and it pays the wages of nurses, teachers and police officers.

"Even so, Queensland has one of the most generous land tax thresholds in the country."

Treasury analysis shows 0.9 per cent of Queensland's population pays land tax, disproportionately affecting people who own multiple investment properties.

Land tax does not apply to homeowners who live in their house as their principal place of residence.

(End of quote)

What we have said above, is only one of the charges that the landlords must pay, and there are many other fixed expenses that the landlords must pay, so, do not blame them for the high rent, they need to run a business, and to run a business one must make money, or at least break even, otherwise they will go broke. This indicates what needs to be done to fix the rental market.  

I could say many other things about charges and running cost, but this article is becoming too long, so, I need to write another article soon, about the cost of running a rental property, and other things, See you soon. 

To see more click on this link, How We Can Fix the Rental Shortage, 

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