I was listening to a radio program on property with an RP data person with the host.
He made reference to the opinion that he feels rents in Sydney will go up 20% over the next 2 years. It is only an opinion and would not be Sydney wide, but if that is the case it is just crazy.
I am all for taking a piece of the pie in life but Jeez, that is rich. On my rental property that is over $120 per week extra - if you have good tenants that are happy there it just doesn't seem right. Fair enough if it is vacant, put it out there and get top dollar - no probs, but to existing good people - hell will freeze over first.
