Rent Out Property

Landlord’s frustration at bad tenants as industry warns against rental caps, freezes

Sandy Dennis is a lifelong Greens voter and environmentalist.

But 30 years as a landlord, 10 of those in Perth, have left her conflicted between the Greens’ tenets of “giving renters a fair go” in “sustainable, quality housing”, and being “burnt” by another bad tenant.

Ms Dennis has gone through five tenants in the past 10 years.

All but one, she said, had either skipped rent, run a methylamphetamine kitchen, failed to clean the house, or left it damaged.

“I had one lady who left the house immaculate, and she was a wonderful tenant but had to go to Queensland,” she said.

“All others have taken off, done a midnight blitz,” she said.

She said they had taken possessions and not left a forwarding address.

“I won’t take anyone who is on social security anymore and I feel bad about that,” she said.

“But four of my tenants have been on social security for one reason or another.

“They have all

READ MORE
Rent Out Property

Private and public housing rentals slow down, expected to stabilize next year

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalize your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

READ MORE
Rent Out Property

How one US city’s cap on Airbnb and short-term rentals had knock-on effects on home prices and its property market

Airbnb has changed the face of the rental market since it launched in 2008, making it much easier for homeowners to rent out spare rooms or entire houses. But in the years since, cities have started to notice the downside of so much housing stock turning into short-term rentals.

A home for sale in the Gene Autry housing community in Palm Springs, California. Photo: TNS

Activists argue Airbnbs remove affordable housing from the market. Residents complain that the influx of tourists leads to loud, late-night parties and lowers a place’s neighbourly ambience.

Disputes between hosts and renters lead to much drama and months-long courtroom clashes.

As a result, some cities are limiting short-term rentals, and each one seems to have a different strategy.

In the United States, New York allows rentals only if the host remains present in the unit for the entire stay.

Los Angeles adopted the Home Sharing Ordinance, a regulatory framework which requires a license that allows rentals of primary residences for a maximum of 120 days per calendar year.

‘Weirdos wandering the corridors’: Penang bans Airbnb and other short lets

Palm Springs, a city dependent on tourism, tries to preserve its local identity in the era

READ MORE