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Running the rat race of renting

Posted by: 2ue | 4 February, 2012 - 8:54 AM

Real Estate prices in Sydney continue to skyrocket

Sydney's crazy rental market. With so many people after the same property, John Stanley looks at how can you make a great impression on the real estate agent, beat the rest of them and make it your new home?

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Blog comments

whats the use in opening up more land for housing in outer sydney when our Govt. can`t or won`t build infastructure to cope with it. Then again, why do so many renters have new 4WD`s, boats and O.S holidays. Lets give them incentive to buy a home first.

John A Tuesday 7 February, 2012 - 10:39 AM
The real if not the main story is the way property managers/landlords are pumping the
tight market for all it's worth. 16 months ago our 2 bedroom terrace in Camperdown which we had occupied for 4 years suddenly jumped in price 3 times over 13 months by about %26 pa. and utlimately we were given notice to vacate supposedly because the owner wanted to move back in, but within 3 days the place was back on the rental market at a staggering %30 over a 2 year period. Each time we asked for simple things to be fixed the rent went up and when suckered into the last rent hike with the promise of a new roof as it seriously leaked a new roof was installed the week we were given notice.
We are always good tenants and pay rent on time religiously and bore the rent hikes in good faith but now also being stiffed for an emergency plumbing bill over xmas where none of the agent's numbers either worked or responded. The agent simply has no intention of paying.
Slum Landlords!
All the Best.

matthew cooper Monday 6 February, 2012 - 7:48 PM
We are way.way behind in releasing land for not only new suburbs but new cities as well. Our politicians have about as much foresight at Judas Iscariot had. And he got his just desserts. Poor, or worse, no planning, no brains and dunces and clowns running and ruining the whole damned show! Massive change is needed in Australia like right now>!

John Agius Sunday 5 February, 2012 - 9:13 PM
When State governments are following the U.N. model on local planning and infrastructure there can only be trouble where renting is concerned. The U.N. doesnt want anymore land releases they want State and Local governments around the world to "build up" not out. It works out well for the real estate agents as prices sky-rocket. The bottom line is that the U.N. is already acting in a global capacity and dictating to all western countries what we can and cant do. And of course all the commie types in all levels of government are only to willing to comply. Just ask Clover Moore and Frank Sartor.

Robert Saturday 4 February, 2012 - 5:08 PM