Comments on: The John R. Talbott View on Economic Recovery

By: Real Sean Reynolds

Real Sean Reynolds — Wed, 11 Nov 2009 06:16:33 +0000

Peter Fraser 10.20.09 at 7:41 am
etch – tenants have more rights than landlords. You have to go through a strict process to evict them. The rules are there to protect good tenants from bad landlords, but they don’t protect good landlords from bad tenants.

That’s most definitely not true, and shows a lack of knowledge of landlording and the various Tenancy Acts. Of course you have to go through a ‘strict process’, but it’s still quite easy – termination of contract on no grounds, 60 days notice. Falling 2 weeks behind in rent — instant eviction order from the Tribunal. Those are the known conditions under which someone chooses to become a landlord — if you don’t like the rules of the game, take your borrowed speculator’s money elsewhere.

There are *some* rules to protect good tenants from bad landlords, but it requires the tenant to keep going back to the Tribunal to avoid repeated attempst at vengeful eviction. There are also plenty of rules to protect good [sic] landlords from bad [sic] tenants, apart from the all the vetting PMs do in advance with references and database searches etc, as the Tenancy Acts were written mostly with influence from landlords’ lobbies like the REIs. Further, I’d suggest there are far more bad landlords than bad tenants out there.

And, no, I didn’t write the referenced remarks at the Business Spectator above, and I’ve corrected the record over there also.

By: Monk

Monk — Tue, 03 Nov 2009 12:40:30 +0000

Peter Fraser – That post was not made by Sean Reynolds, or any of the other GHPC aliases it has been spammed under. It was made by one of you weak morons. After doing a google.com.au search on “doom&gloomers” I found this post, and one on somersoft by a property investor by the name of Michael Whyte?

Deranged tactics indeed. Grow up and get a life mate.

By: etch

etch — Tue, 20 Oct 2009 10:08:08 +0000

one months notice ……out

By: cb

cb — Tue, 20 Oct 2009 06:15:37 +0000

Yes, that, unfortunately, is a very good summary of what is going on.

By: Peter Fraser

Peter Fraser — Mon, 19 Oct 2009 21:41:27 +0000

etch – tenants have more rights than landlords. You have to go through a strict process to evict them. The rules are there to protect good tenants from bad landlords, but they don’t protect good landlords from bad tenants.

By: etch

etch — Mon, 19 Oct 2009 12:32:54 +0000

“”"Better still, continually complain about every possible building defect (including the light globes) that your rental property has to the landlord/agent”"

if i had a tenant like that i would give them immeadiate eviction notice.out

By: Peter Fraser

Peter Fraser — Mon, 19 Oct 2009 03:48:15 +0000

bb – ok I understand. Yes I agree property can be hard work, and as an investor not necessarily the best choice at this moment.

By: bb

bb — Mon, 19 Oct 2009 03:39:24 +0000

Obviously you don’t cotton on to sarcasm. It has been my experience as a landlord to have this happen even when I thought I had good tenants. Once you put the rent up they have every reason in their mind to start whingeing. It can start to feel as though you are managing a serviced hotel apartment and your tenant is the hotel guest and calling for room service! My point is that the reality of the rental market (from the landlord perspective) is never as rosy as it is portrayed by the property industry. There are better ways to make a dollar particularly if capital growth is looking negligible at best and risky at worst.

By: Peter Fraser

Peter Fraser — Mon, 19 Oct 2009 01:46:07 +0000

bb – I can’t believe that you and Chad really think like that.

By: bb

bb — Mon, 19 Oct 2009 00:14:43 +0000

Better still Chad, continually complain about every possible building defect (including the light globes) that your rental property has to the landlord/agent. Squeaky floors are great so are leaky roofs! Work the building, services and fittings really, really hard, put things down the sewer that will cause it to choke. Flood the bathroom (faulty tap fitting) to get new carpets and move heavy furniture and appliances (the fridge is a beauty) across the floor so that it will crack the floor tiles. Then continually complain and report it all to the Office of Fair Trading. They will get stuck into your unfair landlord for you. Ahhh. the joy of being a property investor!