Landlords are key to rental housing stability. New research finds two very different investing behaviours.
New AHURI research reveals half of all rental properties are held for only 2 years or less, however nearly a third of all landlords retain a rental property for over 20 years.
The research looks at what motivates small-scale landlords to buy, sell or retain their rental properties. It uncovers that younger people aged 25–34 years are more likely to buy a rental property compared to other age groups, but are also likely to sell their property sooner.
‘Landlords who are ill-positioned to retain their rental investments for long can disrupt the supply of private rental housing, with potentially negative impacts on tenant affordability and security’, says Dr Ranjodh Singh, Curtin University.
The report, ‘Modelling landlord behaviour and its impact on rental affordability: insights across two decades’, was undertaken for AHURI by researchers from Curtin University and University of South Australia.