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Maroc Maroc - ELITEAGENT.COM - A La Une - 25/Mar 04:48

NSW Rental Reform will undermine investor confidence

As the NSW Government prepares to roll out major rental law reforms from 19 May — including the end of no-grounds evictions — many in the real estate industry are raising concerns about how the changes will play out in practice. One of them is Nick Countouris, Principal of Richardson & Wrench Pyrmont, who says that while the reforms are well-intentioned, they may open the door for a small number of tenants to manipulate the system, leaving landlords and property managers exposed. He warns that the balance between tenant protection and owner confidence is becoming increasingly difficult to maintain. The post NSW Rental Reform will undermine investor confidence appeared first on Elite Agent.

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