1 00:00:00,920 --> 00:00:02,880 Speaker 1: This is gem Nation with Jones. 2 00:00:04,559 --> 00:00:07,080 Speaker 2: It's easy to forget when you look at all the 3 00:00:07,640 --> 00:00:11,520 Speaker 2: noise in the media about mortgage rates, etc. That over 4 00:00:11,560 --> 00:00:15,560 Speaker 2: thirty percent of Australian's rent. Many renovation shows overlook this. 5 00:00:15,680 --> 00:00:17,560 Speaker 2: Barry on the living room will always go out of 6 00:00:17,560 --> 00:00:19,680 Speaker 2: his way to do renovations that you can take with 7 00:00:19,720 --> 00:00:21,639 Speaker 2: you if your rent or that you know that aren't 8 00:00:21,680 --> 00:00:24,880 Speaker 2: necessarily involved in you owning your own home. But never 9 00:00:24,880 --> 00:00:27,120 Speaker 2: has it been so difficult to render house in Sydney. 10 00:00:27,400 --> 00:00:30,920 Speaker 2: Increases in prices, a competitive market, issues of mold, with 11 00:00:30,960 --> 00:00:33,479 Speaker 2: all the weather we've been having, pet ownership, these things 12 00:00:33,520 --> 00:00:36,680 Speaker 2: are causing great concern to the rental market. Ray Ellis 13 00:00:36,800 --> 00:00:39,240 Speaker 2: is our real estate guru. He's the chief executive of 14 00:00:39,320 --> 00:00:41,600 Speaker 2: First National real Estate and he joins us now to 15 00:00:41,640 --> 00:00:44,400 Speaker 2: talk about the rights of the rent Hello, Ray, how 16 00:00:44,440 --> 00:00:46,000 Speaker 2: are you good morning? 17 00:00:46,080 --> 00:00:48,239 Speaker 1: Yes, you raise a very serious issue. There is a 18 00:00:48,280 --> 00:00:50,080 Speaker 1: rental crisis in Australia at the moment. 19 00:00:50,560 --> 00:00:53,200 Speaker 2: In Europe you can get like a ninety year lease, 20 00:00:53,400 --> 00:00:55,720 Speaker 2: so you can you and your family can be secure 21 00:00:56,080 --> 00:00:58,200 Speaker 2: knowing that you're renting and your kids will always go 22 00:00:58,240 --> 00:01:00,279 Speaker 2: to that school, that that's the suburb that you know 23 00:01:00,400 --> 00:01:03,040 Speaker 2: and that's a suburb you live in. We don't have 24 00:01:03,080 --> 00:01:05,240 Speaker 2: that security here, do we. 25 00:01:05,240 --> 00:01:07,760 Speaker 1: Well, it hasn't been in our DNA. Home ownership is 26 00:01:07,760 --> 00:01:10,760 Speaker 1: a dream of most Australians and rental has always been 27 00:01:10,800 --> 00:01:15,000 Speaker 1: seen as a stopgap, temporary university before you buy your 28 00:01:15,000 --> 00:01:17,399 Speaker 1: own house measure, Whereas what we're seeing in the last 29 00:01:17,400 --> 00:01:20,959 Speaker 1: couple of years is people now want two three, five seven. 30 00:01:21,319 --> 00:01:22,759 Speaker 1: I don't think we're going to get to ninety nine 31 00:01:22,800 --> 00:01:25,440 Speaker 1: year lisas for many years, but long term lisas are 32 00:01:25,480 --> 00:01:28,360 Speaker 1: becoming normal and most landlords want that. They want a 33 00:01:28,400 --> 00:01:31,920 Speaker 1: good tenant. A good tenant want security because to quote 34 00:01:31,959 --> 00:01:35,000 Speaker 1: that great Australian movie of the Castle, it is your home. 35 00:01:35,360 --> 00:01:38,600 Speaker 1: Whether you rent it or mortgage payment it, it is 36 00:01:38,640 --> 00:01:41,039 Speaker 1: your home. So security for a tenant for long term 37 00:01:41,160 --> 00:01:41,880 Speaker 1: is very important. 38 00:01:42,600 --> 00:01:44,920 Speaker 2: Well, what about mold? This has been a big issue 39 00:01:44,920 --> 00:01:46,880 Speaker 2: with the kind of weather that we've been having here 40 00:01:46,920 --> 00:01:50,279 Speaker 2: in Sydney. Many people are complaining about the mold. Whose 41 00:01:50,360 --> 00:01:52,120 Speaker 2: job is it to remove the mold? 42 00:01:53,080 --> 00:01:56,240 Speaker 1: Well, first off, if you're a tenant, you need to 43 00:01:56,240 --> 00:01:58,800 Speaker 1: get a copy of the inspection report before you move in. 44 00:01:58,880 --> 00:02:00,960 Speaker 1: That'll show if there is mold or mold is being 45 00:02:01,000 --> 00:02:04,280 Speaker 1: treated but if mold develops, and as you said, the 46 00:02:04,320 --> 00:02:07,320 Speaker 1: weather we've seen not just in Sydney, in New South Wales, 47 00:02:07,320 --> 00:02:09,680 Speaker 1: all around Australia. At the moment, mold is becoming a 48 00:02:09,680 --> 00:02:13,160 Speaker 1: big issue in many many properties, so the landlord has 49 00:02:13,160 --> 00:02:17,679 Speaker 1: a responsibility to remove the mold. Remove it professionally. The 50 00:02:17,760 --> 00:02:19,720 Speaker 1: lack of trades around Australia at the moment doesn't mean 51 00:02:19,720 --> 00:02:21,760 Speaker 1: to say it's going to happen the next day. But 52 00:02:22,240 --> 00:02:25,839 Speaker 1: don't wait too There's regular inspections, sometimes two or three 53 00:02:25,880 --> 00:02:28,440 Speaker 1: times a year of a rental property. Don't wait for 54 00:02:28,480 --> 00:02:31,880 Speaker 1: your next inspection. Take a photo on your phone, send 55 00:02:31,919 --> 00:02:34,880 Speaker 1: it to your property manager, highlight the concerns you have 56 00:02:34,919 --> 00:02:37,680 Speaker 1: about the mold developing, and the landlord will repair it. 57 00:02:37,960 --> 00:02:40,880 Speaker 3: And according to a current affair, they will alternate stories. 58 00:02:40,919 --> 00:02:43,440 Speaker 3: I'll have it's terrible for the renter and then they'll 59 00:02:43,480 --> 00:02:46,520 Speaker 3: say it's terrible for the landlord. So who's got the 60 00:02:46,520 --> 00:02:48,079 Speaker 3: better end of the stick at the moment. 61 00:02:49,000 --> 00:02:52,440 Speaker 1: Well, that is why there's a rental crisis in Australia. 62 00:02:52,639 --> 00:02:55,880 Speaker 1: Most landlords in Australia are Jusia ravage Mum and Dad 63 00:02:55,960 --> 00:02:58,680 Speaker 1: earning under eighty thousand dollars a year who own one 64 00:02:58,760 --> 00:03:01,440 Speaker 1: investment property and they're trying to get ahead with their 65 00:03:01,480 --> 00:03:05,360 Speaker 1: personal finances, and they want a good tenant. And most 66 00:03:05,360 --> 00:03:07,560 Speaker 1: tenants are either trying to get into the housing market 67 00:03:07,680 --> 00:03:10,119 Speaker 1: or as I said, provide a home for their own 68 00:03:10,160 --> 00:03:13,520 Speaker 1: family or rent a property in near the city as 69 00:03:13,560 --> 00:03:16,760 Speaker 1: they start their career. So the relationship with the landlord 70 00:03:16,800 --> 00:03:19,760 Speaker 1: and tenant is very important. A good property manager is 71 00:03:19,760 --> 00:03:23,400 Speaker 1: a communication key between that and we want resolution, we 72 00:03:23,440 --> 00:03:27,080 Speaker 1: don't want conflict. Conflicts is actually very rare. It becomes 73 00:03:27,120 --> 00:03:29,639 Speaker 1: known there's a very bad tenant or a very bad landlord, 74 00:03:29,840 --> 00:03:33,240 Speaker 1: and that becomes a media story. But in the main 75 00:03:33,720 --> 00:03:36,760 Speaker 1: most communications with the properly managed landlord and tenants very 76 00:03:36,800 --> 00:03:39,400 Speaker 1: good and they have a good, seamless working relationship. 77 00:03:39,640 --> 00:03:42,720 Speaker 2: What about pets, because it seems to be that it 78 00:03:42,760 --> 00:03:44,480 Speaker 2: can be very hard for you to have your pet. 79 00:03:44,520 --> 00:03:46,480 Speaker 2: I keep reading different strata rules as to whether you 80 00:03:46,480 --> 00:03:48,640 Speaker 2: can have pets or whether you can't have pets. I 81 00:03:48,720 --> 00:03:50,760 Speaker 2: know someone who's had to pay a five thousand dollars 82 00:03:51,280 --> 00:03:54,720 Speaker 2: bond to have a pet, which makes renting even more expensive. 83 00:03:55,760 --> 00:03:57,600 Speaker 1: Or they love their pet, that's why they do it. 84 00:03:58,440 --> 00:04:00,760 Speaker 2: Should we have blanket rules for pets is a tenant 85 00:04:01,040 --> 00:04:01,360 Speaker 2: to be. 86 00:04:01,320 --> 00:04:05,680 Speaker 1: Able to Tasmania started many years ago. Victoria Queensland have 87 00:04:05,880 --> 00:04:09,120 Speaker 1: just introduced it. Most states are now in regulation to 88 00:04:09,160 --> 00:04:12,200 Speaker 1: allow pets in a property because there's one simple fact. 89 00:04:12,480 --> 00:04:15,280 Speaker 1: If you own a pet, you are a better tenant, 90 00:04:15,760 --> 00:04:19,080 Speaker 1: and that's what is forgotten because you have a caring relationship, 91 00:04:19,200 --> 00:04:21,479 Speaker 1: you have a better, better way of wanting to live, 92 00:04:21,680 --> 00:04:24,800 Speaker 1: and pets provide comfort. Of course, we don't want a 93 00:04:24,839 --> 00:04:28,480 Speaker 1: great Dane in a two foot by two foot We 94 00:04:28,480 --> 00:04:31,159 Speaker 1: don't want getting pigs in one room and rabbits in another. 95 00:04:32,480 --> 00:04:35,520 Speaker 1: There's realms around that, but as the person had to 96 00:04:35,520 --> 00:04:39,000 Speaker 1: pay five thousand, most body corporations have their own rules 97 00:04:39,000 --> 00:04:41,760 Speaker 1: and regulations around that, which comes a round to health 98 00:04:41,760 --> 00:04:44,520 Speaker 1: and safety. But on the main, allowing pets to be 99 00:04:44,560 --> 00:04:47,160 Speaker 1: in a rental property provides an opportunity for a better 100 00:04:47,200 --> 00:04:50,080 Speaker 1: tenant and state legislation around Australia is catching up with that. 101 00:04:50,320 --> 00:04:51,880 Speaker 1: And where's an industry support it? 102 00:04:52,680 --> 00:04:54,520 Speaker 2: And if you do have issues, where do you go? 103 00:04:54,640 --> 00:04:57,479 Speaker 2: If your landlord isn't giving you any joy in any 104 00:04:57,480 --> 00:04:58,280 Speaker 2: of this? What do you do? 105 00:04:59,480 --> 00:05:03,520 Speaker 1: Every state it has their own appeals tribunal. In Victoria's VCAT, 106 00:05:03,640 --> 00:05:07,720 Speaker 1: QCAT in Queensland and so on. They're they're the last resort. 107 00:05:08,400 --> 00:05:10,680 Speaker 1: As I said earlier, most of the disputes are worked 108 00:05:10,680 --> 00:05:13,680 Speaker 1: out between the landlord and tenant. I'm not saying every 109 00:05:13,720 --> 00:05:15,960 Speaker 1: landlord is perfect every tenant is perfect, but in the 110 00:05:16,000 --> 00:05:18,880 Speaker 1: main they are. But there is an administrative body to 111 00:05:18,960 --> 00:05:22,200 Speaker 1: able appeal to if your property manager in your landlord 112 00:05:22,440 --> 00:05:24,160 Speaker 1: or your tenant cannot resolve. 113 00:05:23,800 --> 00:05:26,599 Speaker 3: It, is it a good idea to have a relationship 114 00:05:26,640 --> 00:05:29,320 Speaker 3: with your landlord or landlord have a relationship with the 115 00:05:29,360 --> 00:05:32,040 Speaker 3: tenant or that is going to end in tears. 116 00:05:32,920 --> 00:05:38,120 Speaker 1: That confuses the issue because there's a whole range of 117 00:05:38,160 --> 00:05:44,159 Speaker 1: regulations in every state about smoke, alarm, security, breakage, insurance, 118 00:05:45,279 --> 00:05:47,800 Speaker 1: everything that makes a good property be able to be read. 119 00:05:48,080 --> 00:05:50,800 Speaker 1: The property manager has the expertise to deal with that. 120 00:05:51,240 --> 00:05:53,440 Speaker 1: The property manager has to be expertise to deal with 121 00:05:53,480 --> 00:05:56,680 Speaker 1: the emotion of a hot water system breaking down, which 122 00:05:56,680 --> 00:05:58,800 Speaker 1: always breaks down eight o'clock on a Sunday night, by 123 00:05:58,839 --> 00:06:01,200 Speaker 1: the way, they know how, they know how to deal 124 00:06:01,240 --> 00:06:03,400 Speaker 1: with that. The landlord doesn't want to be interrupted in 125 00:06:03,400 --> 00:06:07,080 Speaker 1: their personal lives and a relationship between that confuses the issue. 126 00:06:07,120 --> 00:06:09,000 Speaker 3: And what if just asking for a friend is if 127 00:06:09,040 --> 00:06:14,760 Speaker 3: your tenant is a penthouse pet, what pet? You've got 128 00:06:14,760 --> 00:06:17,240 Speaker 3: a pet in the I'll discuss it with your wife, 129 00:06:17,680 --> 00:06:21,200 Speaker 3: you know, while raise here the expert. This is expert advice. 130 00:06:21,720 --> 00:06:23,760 Speaker 2: Well, as long as she's got good hygiene. 131 00:06:23,320 --> 00:06:26,280 Speaker 1: No one would mine exactly good hygiene, good pet. The 132 00:06:26,320 --> 00:06:27,520 Speaker 1: rents always paid on time. 133 00:06:29,080 --> 00:06:32,640 Speaker 3: Ray, Thank you so much for joining us from First 134 00:06:32,720 --> 00:06:33,599 Speaker 3: National real Estate. 135 00:06:33,839 --> 00:06:36,600 Speaker 1: Look after yourself mate, Thank you, Ray, Thank you for 136 00:06:36,600 --> 00:06:38,880 Speaker 1: your time and good luck to everybody. Thanks