the property investment sector got greedy which is understandable
yield distortion as a result of the un regulated explosion of short term rental has stimulated a 'rush' to yield
the rush to yield when the system provides a taxation safety net to prevent exactly that is wholly on the property investment sector and everyone knows it
I have long advocated for reforms to bring investors back from the yield vortex and back to the stable long term model in which yield is artificially low
To help keep yield artificially low, we need reforms to bring forward otherwise and currently amortized repairs, replacements and perhaps introduce instant write offs for targeted improvements done for the tenants benefit ( installing a split system air con for example )
no one is threatening title, or property rights which underpin capitalism
but basic housing underpins stable society I guess you want that yeh ?
