Why this landlord refuses to drastically raise her rent despite pressure from ... trends now
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An Aussie landlord has refused to drastically raise the rent for her tenants despite being pestered by her real estate agents to lift the price by as much as $100 a week.
Michelle Schofield owns two properties in Queensland and NSW and explained she constantly rejects calls to increase her rent to avoid driving out tenants.
'We're not trying to grab the money and we want people to stay in the house,' she told Yahoo.
In the midst of Australia's crippling rental crisis, Ms Schofield's words will be music to the ears of long-suffering tenants.
She said she is aware of other landlords who don't hit their tenants with increases, even if it's in line with the rental market.
In the midst of Australia's crippling rental crisis, the words of Ms Schofield (pictured) will be music to the ears of long-suffering tenants
Ms Schofield points the finger at money-grubbing real estate agents who continually want her to jack up her rent by $100 a week
She pointed the finger at money-grubbing real estate agents who continually want her to raise the rent by $100 a week.
'Not all of us are greedy tyrants, some of us have compassion,' she said.
Ms Schofield said she has kept the rent on her properties below what real estate agents recommended for the last three years.
She understands the cost of living crisis has hit Australians hard and only increases her rent slightly.
Although she realises some homeowners need to increase their rent due to inflation or interest rate hikes, Ms Schofield offered some advice for them.
'I would suggest to landlords to have a bit of compassion or to delve into their real estate, and find out if they're putting it up to equal or to above market,' she said.
She believes if landlords showed more restraint this would help
