Many property investors are choosing to leave the field, leading to a rise in the number of ex-investment property being listed for sale. There are many reasons why this is occurring, and we explore some of them today.
But in short, the marginal costs of borrowing on a rental mortgage have risen far faster than the rental income. And given the limited prospects of capital gains, and the removal of some offsetting perks from a tax perspective, investors are exercising their rights to quit. Another reason why rental supply is so limited, and a sign again of how broken the system is.
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