With open home inspections banned under federal social distancing restrictions in a bid to control the Covid-19 pandemic, we’ve been working to change and adapt the way we showcase properties.
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In an attempt to help individuals and businesses caught up in the economic fallout of the Coronavirus, some important temporary changes have been made to Australian Bankruptcy laws.
The coronavirus and its attendant emergency measures are set to deliver a profound shock to the residential tenancy market.
Many businesses and services have already been forced to close under the latest Federal Government restrictions to try to curb the spread of Coronavirus and many Australians are already feeling the pinch when it comes to finances. Especially those with a mortgage.
On Tuesday 24 March, Prime Minister Scott Morrison announced that auction houses and gatherings together in auction rooms as well as open house inspections, “can no longer continue.” While this means private inspections are still allowed to go ahead, the way we conduct open houses will be changing.
Zifferblatt with double f and double t is a German and Russian word for a watch face. Ziferblat with only one f and one t is a home you can rent by the minute. The missing letters are a clue to what you get – not the whole deal.
Private renting continues to expand at the expense of home ownership, newly released ABS statistics show. More than one in four Australians (27%) are now tenants of a private landlord (2017-18). Only one in five lived in private rental housing in 1997-98.
Is it getting harder to make your mortgage repayments now that your family is growing? Sure, it’s worth it – after all, you bought your home with the vision of bringing up your family there – but that doesn’t mean that it isn’t a struggle sometimes.
The ABC points to the “dark side” of Airbnb and its effect on long-term rental prices. Empty houses are being linked to higher housing prices and to foreign investment, most often Chinese investment. The Australian headlines that “China buyers raise ghost town fears”.
Eligible applicants who don’t have a “priority need” can wait up to ten years to be housed. They face strict eligibility checks just to remain on the waiting list.