The media is at it again. Headlines scream that landlords exiting the market will cause a rental crisis. But think for a second: if an investor sells a house, it doesn't vanish. It's sold to someone who will likely live in it. That means one less renter competing for a home.
This isn't a crisis; it's a market correction towards more owner-occupiers. But that doesn't get clicks.

#MediaBias #Scaremongering #HousingCrisis #Economics #Landlord #Rentalcrisis #AustralianHousing #LogicFail #Msm

https://au.finance.yahoo.com/news/landlords-exit-market-in-droves-sparking-severe-warning-for-aussie-renters-gone-too-far-200017514.html

Landlords exit market in droves sparking ‘severe’ warning for Aussie renters: 'Gone too far'

Some property investors have claimed the risk is not worth the reward as tax obligations and maintenance costs have "gone through the roof".

Yahoo