Anthony Albanese - How long? -2-

[sdfc]

Which is why they need to cap rent and remove bo fault evictions

What would be the mechanism for the rent caps? I doubt many landlords are evicting tenants for no reason. A reliable tenant that looks after the property would be like gold.

 

[peetoo]

It’s not the medias fault that you are financially illiterate.

But I do agree, the media is bulldust.

So how is taxable income not ‘before taxi I get salary sacrifice but this stuff comes with the tax return?

 

[Gralin]

So how is taxable income not ‘before taxi I get salary sacrifice but this stuff comes with the tax return?

When you do your tax return you put in all your deductions and the final reduced amount is listed as your taxable income on your return

 

[peetoo]

The shorten plan was no NG except on new properties. No reason to believe it wouldn’t be the same arrangement again if it came in

 

[Gralin]

What would be the mechanism for the rent caps? I doubt many landlords are evicting tenants for no reason. A reliable tenant that looks after the property would be like gold.

What would be the mechanism?

Legislation

Do you really not know how this works?

 

[Gralin]

The shorten plan was no NG except on new properties. No reason to believe it wouldn’t be the same arrangement again if it came in

No reason to believe it would be either

 

[sdfc]

What would be the mechanism?

Legislation

Do you really not know how this works?

No kidding. What would be the mechanism for setting the caps?

 

[Gralin]

No kidding. What would be the mechanism for setting the caps?

Well the states would have to legislate the rent caps
Victoria has a limit of one increase pee 12 months but no limit on how big that increase can be

A rent cap would be a cap on how much rent can go up

They blocked evictions during covid, they can change laws anytime they want

 

[sdfc]

Well the states would have to legislate the rent caps
Victoria has a limit of one increase pee 12 months but no limit on how big that increase can be

A rent cap would be a cap on how much rent can go up

They blocked evictions during covid, they can change laws anytime they want

Aside from the frontrunning issues, what happens if costs go up faster than the allowable rent increase?

Short-term covid measures aren't going to translate well into permanent policy.

 

[Kram]

Aside from the frontrunning issues, what happens if costs go up faster than the allowable rent increase?

Short-term covid measures aren't going to translate well into permanent policy.

Don't worry it's just pure fantasy.

 

[sdfc]

Don't worry it's just pure fantasy.

It must be good believing in utopia.

 

[Chief]

Aside from the frontrunning issues, what happens if costs go up faster than the allowable rent increase?

What happens if costs go up faster than the market allows rents to go up?

 

[Ghost Patrol]

Aside from the frontrunning issues, what happens if costs go up faster than the allowable rent increase?

Short-term covid measures aren't going to translate well into permanent policy.

Landlords will likely whinge either way.

 

[sdfc]

State and federal governments ****ed up the housing market even more than it already was by throwing home builder grants around. If they were so worried about keeping the construction industry going during covid they should have just built social housing.

 

[sdfc]

What happens if costs go up faster than the market allows rents to go up?

Then the market sorts it out.

 

[Chief]

Short-term covid measures aren't going to translate well into permanent policy.

And Kram

Like Gralin said - they already limit the frequency of rent increases.

Queensland law:

Rent cannot be increased unless it has been at least 12 months since the current amount of rent became payable. The 12-month period applies even if the last rent increase was related to a different tenancy agreement with another tenant or by a previous agent or owner of the property.

This is a cap on frequency of rent increases.

Excessive rent increases​

A tenant or resident can dispute the increase if they feel it is excessive by discussing the issue with the property manager/owner. If the tenant or resident still feels the increase is excessive, they can apply for dispute resolution once the new agreement is signed. They may also apply to Queensland Civil and Administrative Tribunal (QCAT) for a decision.

Rent increases | Residential Tenancies Authority

www.rta.qld.gov.au

QCAT may take the following into consideration when determining excessive rent increases:

• range of market rents usually charged for similar premises
• difference between the proposed and current rent
• state of repair of the property
• term of the tenancy
• period since the last rent increase (if any)
• anything else QCAT considers relevant.

All they have to do is change QCAT rules on what is excessive.

If they mandate "not by more than 10%" - that's a rent cap.

If they mandate "and may not be above the amount in the following schedule for dwellings within X km of the CBD:" followed by a schedule of property sizes, ages, types etc, that's a rent cap.

This stuff is not too hard to implement. It is already in action to some degree.

The journalists telling everyone it would be the end of the world are not being honest with their fellow citizens.

 

[eddiesmith]

Shorten ran a terrible campaign, too many messages and didn't bother trying to explain them just assumed he was going to win. Could have achieved a lot if he was actually a decent leader.

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Was it Shorten or Bowen who got up before the election when questioned on their policies said well if you don’t like it, don’t vote for us?

 

[Chief]

Was it Shorten or Bowen who got up before the election when questioned on their policies said well if you don’t like it, don’t vote for us?

And they got voted in.

 

[Kram]

Was it Shorten or Bowen who got up before the election when questioned on their policies said well if you don’t like it, don’t vote for us?

Bowen.

 

[eddiesmith]

Bowen.

That was the height of arrogance and a good reason they lost the election.

 

[Kram]

That was the height of arrogance and a good reason they lost the election.

Yeah he thought they had already won it..

But it was the meejya!

 

[sdfc]

And Kram

Like Gralin said - they already limit the frequency of rent increases.

Queensland law:



This is a cap on frequency of rent increases.

Rent increases | Residential Tenancies Authority

www.rta.qld.gov.au

All they have to do is change QCAT rules on what is excessive.

If they mandate "not by more than 10%" - that's a rent cap.

If they mandate "and may not be above the amount in the following schedule for dwellings within X km of the CBD:" followed by a schedule of property sizes, ages, types etc, that's a rent cap.

This stuff is not too hard to implement. It is already in action to some degree.

The journalists telling everyone it would be the end of the world are not being honest with their fellow citizens.

There is no cap in Queensland.

 

[peetoo]

Was it Shorten or Bowen who got up before the election when questioned on their policies said well if you don’t like it, don’t vote for us?

It was a favourite Howard tactic

 

[FruitTingles]

A big problem is most economists are happy to think like accountants. ‘If you pay $x rent and it’s equal to the interest part of mortgage’ then it doesn’t matter who owns a property.

They miss the massive spiritual element of owning a home. I can’t explain it but it’s nice, gives you roots within an area. As always neo-liberal economics claims to ‘maximise utility’ but it cant capture everything.

 

[sdfc]

A big problem is most economists are happy to think like accountants. ‘If you pay $x rent and it’s equal to the interest part of mortgage’ then it doesn’t matter who owns a property.

Well no actually. One of those parties has taken on a risk.

They miss the massive spiritual element of owning a home. I can’t explain it but it’s nice, gives you roots within an area. As always neo-liberal economics claims to ‘maximise utility’ but it cant capture everything.

The housing market has been stuffed up by the government and the central bank. Mainly the central bank.