Unpopular opinion: if negative gearing changes force you to raise rent, you were never a property investor
I don’t know who needs to hear this, but announcing that you’re raising rent because of negative gearing/cgt changes is not the flex you think it is.
It’s basically just saying: I bought this badly and now someone else has to fix it.
Which sure, very landlord-brained, very brave.
I own multiple properties. No debt. I’m not raising rent because old mate from Facebook bought his third place on fumes and a podcast clip. Most people I know in the same boat aren’t either.
Because some of us aren’t in need of the tenant, the bank and the taxpayer to all chip in before the investment makes sense.
Some landlords own the asset and some landlords own a monthly direct debit and a strong opinion about hard work.
And now the second the rules move half a cm their whole “portfolio” starts coughing blood. So yes, by all means raise the rent.
Blame Canberra, and the tenants, and «the market». Dance your little dance.
Meanwhile, people who didn’t build their investments out of redraw equity and confidence will just sit there, keep good tenants, and look normal.
The more you talk, the more obvious it becomes: the vast majority didn’t buy property but stress with a letterbox.
(Sorry for the vent, but honestly it just pisses me off how self-centred some people have become around this stuff. Treat your tenants like humans ffs.)