Landlords are Struggling Against High Rates in the ACT

Share:

Landlords are crying out against the current high rates in the territory.

It comes as one ACT landlord is claiming 21 point 4 per cent of his rental income is now going to the ACT government through rates and stamp duty.

It’s claimed changes to the territories tax regime has seen an increase of more than 7 per cent.

Real Estate Institute of the ACT Chair Craig Bright says rental stock has diminished in the ACT up to 10 per cent.