On the brink of a crisis

That’s one of the major themes to come out of independent economist Tony Alexander latest quarterly survey of people’s views on their respective business sectors.

Alexander says landlords’ survey responses show they have deep concerns about the proposals to end no-cause terminations and roll over fixed tenancies to periodic tenancies.

“Owners are not just saying they will raise rents to reflect various cost rises, but will actively weed out any existing bad quality tenants they might currently have before the legislation becomes effective and it becomes near impossible to remove them.”

If the proposed reforms are put in place, many owners plan to only select proven good tenants, Alexanders says.