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Should landlords hike rents as interest rates rise?
The modern hike by the Reserve Bank of Australia (RBA) will not only have an impact on mortgages but will possible have a ripple impact on rents. The Buyers Company co-director Bobby Haeri explained in excess of the past two yrs, rent increases of all over 20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} to 30{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} have been incredibly typical, with some instances even reaching up to 50{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. “I consider rents will carry on to boost on a related trajectory in many pockets all-around the country wherever position and wages development supports this,” he advised Your Expense Assets. Mr Haeri stated on the lookout at the context around why and how a lot rents have amplified in…