March 23, 2021 • 6 mins
A renters' advocate is worried about tenants being asked to pay more which he said would hurt the more vulnerable.
The Government’s new housing policy will see new investors being stung under the bright line test if they sell an existing home within 10 years.
They also won't be able to claim home loan interest repayments as a business expense.
Renters United spokesperson Ashok Jacob told Simon Barnett and Phil Gifford they’re disappointed that there was nothing announced to support renters, and may even see landlords try and raise rents.
LISTEN ABOVE
The Government’s new housing policy will see new investors being stung under the bright line test if they sell an existing home within 10 years.
They also won't be able to claim home loan interest repayments as a business expense.
Renters United spokesperson Ashok Jacob told Simon Barnett and Phil Gifford they’re disappointed that there was nothing announced to support renters, and may even see landlords try and raise rents.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Mark as Played
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!