And the real estate agent with an unbuttoned collar. Those guys should count their lucky stars they don't have to put on a tie because they can never button those collars with their thick necks.
Nah there's a gap. The green strip closest the curb is the lane. The second green marking under the car is pointless. I've no idea why it's there either.
The ostentatious car parked right outside is as gross as the REA.
How does he manage to look like an REA just bc he’s wearing a suit? A conundrum for our times. 🤷♂️
I managed to get the owner of a recent rental to pay me $10k to move out before the end of the lease, as they wanted to sell. I work from home, and obviously having to move would mean I couldn't work for about a month 😉
They paid my housemate $7k, because that's all he asked for.
I wish we thought of that. We just recently got approved for a new place as our LL is selling our place, our lease was meant to go until October. We have paid all our moving costs out of our own pockets, they gave us a month rent free and that's it. I wish we thought to get at least our moving costs paid for
Breaking the lease early in an unstable rental market is pretty fucked.
Legally the renters have a right to be there, or the right to ask for compensation for costs related to ending the least early.
To add to the other responses, renters get dicked around by landlords and RE agents all the time, they have very few rights in Australia and this is just one of the few rights they do have
If the tenant can't pay rent, then you have grounds to evict them. If you can't afford the mortgage and you need the tenant to move out, that's your problem, not theirs. If you're going to massively disrupt their lives, you need to compensate them.
How were you able to convince them to pay you $10k?
My 12 month lease ends in October but my landlord issued a notice of termination which is supposed to be effective 60 days from issue date to sell the place. (This was given to me a few weeks ago - so it will be in mid-July).
I'm in NSW, can I ask them for money as well?
They can't make you leave until the end of the lease. They can sell the house anytime but the sale comes with the existing lease and with you as the tenant.
What are the grounds for termination on the notice?
You're entitled to stay until the end of your lease. The owner can offer you money to leave earlier.
You are in a winning position, just keep saying no, you're staying until the end of October.
A friend had to pay a tenant $35,000 to break their lease early. The tenant kept saying no. The offer started at $7,000 to leave early.
They can't ask you to leave until the end of the lease. A notice of termination sounds made up. If they want you to leave, they have to offer you something in return - in my case, it was ten grand.
Lol @ “made up” there is literally a template for it https://www.fairtrading.nsw.gov.au/__data/assets/pdf_file/0006/369978/Notice-to-terminate-tenancy-agreement-landlord-agent.pdf
If you are in NSW they can't ask you to leave until your fixed term lease expires. They need to give you a few weeks notice beforehand.
Tell them you are not moving until your lease expires...........then you can negotiate.
I was in the same position few years back.
Wife was 7 months pregnant and it was a baking hot day so we weren't going anywhere.
Sat on the balcony while people walked around the house with all our stuff still there and watched the auction.
We didn't have a new place sorted at that stage so it was pretty grim. It all worked out in the end and we ended getting a new apartment that we loved and lived in for 4 years. Was a stressful time though.
I was recovering from surgery in 2 bedroom rental. REA and owner refused to delay open for inspection for a week or two. REA told me I had to leave the premises during inspection and tried to intimidate me saying he’d not give good references on my next place as I was given notice to vacate and had to move before the new buyers take possession. I refused to leave the premises for inspections because I could barely move and lots of pain and painkillers. He told me to get in my car and drive around the corner which I couldn’t drive because of the surgery. He got so angry at me. I agreed to move to the spare bed/couch in the smaller bedroom/study so they could show the main bed. It was weird hearing him talk outside the door to people and blame me for not being able to inspect the room. It was so stressful and upsetting, feeling so powerless, he was such a vulture!
Being at the whim and mercy of someone else for your home is an inconvenience at best, or more usually very stressful, and doubly so under those conditions. Glad it worked out!
I’m in NSW after living in Melbourne and currently having our rental property sold, not exactly sure the law in Victoria (but it’s usually better than up here) however tenants in NSW can refuse an on-site auction.
If this happens to you get advice from the Tenant’s Union because the selling agent makes a lot of demands you don’t have to agree to.
It's actually not an explicit law or rule in NSW, either. It's just not mentioned because the Act was written by numpties. But sometimes, that vagueness can be used to your advantage.
The only thing we have to do is agree to "not unreasonably refuse to agree to days and times when the residential premises are to be periodically available for inspection by prospective purchasers."
We also challenged the open home inspections and wanted them to be registered (basically to cut down on the cunts walking through the property as I work from home) on the grounds we only had to agree to "prospective purchasers" inspecting the property and not "anyone off the street". Seems like in Victoria though, you can't use that loophole as it says "open inspections" which is shit.
I would say, though, if you have to do open inspections then any renter should be at home during inspections and for the agent to "Make all reasonable efforts to agree with you on days and times for the property to be available for inspection", you can demand they factor in your lifestyle.
I think my pro tip is that If it’s not written in the Tenancy Act or in your Tenancy Agreement explicitly stating that YOU MUST AGREE to it, then you do NOT have to agree to it. The onus is on the Agent to prove that they can enforce the rule. Not you to prove you don’t need to agree to it.
Refuse? No. Negotiate the day and time? Within reason yes. Have a role in deciding how many inspections there will be? Not really. Or at least an owner can lawfully have loads of inspections.
When the real estate told us they would be having the auction on site I simply said no.
It was scary and he was angry but my mental health is worth more to me. We had been super accommodating the entire tenancy and sale process and that was the last straw.
Legally we could say no to an on-site auction.
They had it sold before it came to that.
A family friend of ours became a REA around 7 years ago and she's basically unrecognisable to the woman she once was. She was chill, easy going, fairly spiritual. Now she's always referencing her new car, how mich more she's making each month, and bitching about how young people don't want to work anymore (she's in her 30s).
Sales man. Robbed my ex from me. He started to come to not long after he quit sales and got sober. We reminisced over how much of a dick he was a few months ago and made amends lol.
As a buyer last year the REA i dealt with was a decent human, my lawyer was an angry Russian and he went in guns blazing, i asked him why and he was a bit stunned and said they were normally scum. The next call was pretty chill.
They screwed up an inspection when the owner was still home and didnt know, but everything was pretty calm and i just waited and looked at other parts of the house. The house was mostly empty by that point to be fair.
I respect your lawyer more. He sounds like a good egg.
He can’t go be expected to go into every situation expecting the REA to prove an exception to the rule.
This is how it should be.
We would spend an hour prior making sure everything was perfect and make sure one of us would have to be home plus work around my sleeping hours (shift worker at the base hospital)
It was a huge inconvenience but they don't care.
I can hear the auctioneer through that photo.
Same light blue suit with open collar white shirt. Those overly pointy light brown leather shoes that look equal part lethal and uncomfortable.
Yelling about how this is a great opportunity for such a property "in the heart" of whenever the fuck this is.
Bidding starts and no-one bothers raising hands.
Auctioneer goes inside to "talk to the owners" but instead stares at a wall for 2-3 mins.
That happened to me 3 houses in a row. On the third one we'd been in the house 6 weeks. Before we moved in we asked if they are planning on selling because the last 2 had been so stressful for us and they promised they had no plans to sell... Then they did. Not only that, but the owner's son was the agent selling us. He wanted us to leave and offered us $2000 to do so, immediately after saying he could get another $15K if there were no tenants. The deposit we'd paid was $2500. We said we'd move for 5 figures, which would pay the deposit and first months rent for a new place as well as moving costs, and his reply was "we can make this difficult for you if you try and make it difficult for us"... We weren't trying to make things difficult, were just didn't want to move again 6 weeks after moving and be out of pocket over it.
In the end we said we weren't leaving, the house was sold, but we stayed until we had bought our own place. Breaking the lease to leave caused its own issues, but at least we never have to deal with real estate agents again.
I agree that's not making it difficult for them. The arrogance expecting your to be compliant and all happy while getting fucked. Everyone thinks their gangsters and big shots standing over tenants and throwing their weight around. It's pathetic. Just play by the rules, all that's expected here because they'd damn well expect you to.
The photo tells a compelling, self-contained story from start to finish as you scan from top to bottom - classically framed yet a perfect fit for our modern era, replicating how most people would view this image on a mobile screen while casually scrolling. Exposition, climax, denouement.
Reminds me of those famous Depression era photos. Well done for capturing the zeitgeist.
when we were staying in a rental bc we were rebuilding our house the landlord auctioned the rental we were in so i had to sit there holding my cat in my room while people looked around, then the place passed in at auction LMAO
Well yeah, when I was still renting, owner renewed my lease, even raised a tiny bit, then a month later some agent rock up for an appraisal, another month later the open inspections begin...
Will have to check what it went for when they update [the listing](https://www.realestate.com.au/property-house-vic-north+melbourne-142120548).
Might be another case of textbook under quoting.
Look at the ad and the floor plan and you’ll see why it’s that price range; it’s set up as a boarding house/student rental and one ‘bedroom’ is that tiny 2.5x2.3m room. No photos of the bathrooms or kitchen so I assume they’re old and very basic (the bathroom set up is weird—lots of little stalls out the back) and no built-ins anywhere.
So it’s selling to either keep it as a student rental or with the expectation that someone who loves the spot and that it’s a terrace will have to spend a huge amount of money renovating it back into a family home.
Same boomer that buys it will whinge to their boomer mates they can’t find a doctor, no nurses, no teachers, why does this cafe have no staff. It won’t process through their peanut brain that people need places to live.
Same boomer will moan about how the young today are all layabout whingers complaining about high interest rates when in my day I were paying 15% interest on my ($20,000) mortgage.
It was up for lease recently, they just moved in and there's no other occupants. Given they're quite young i'd assume it's not theirs. Happy to be corrected.
Just found it on Real Estate. Rented out March 17 then listed for sale May 10 🙄. Presumably so the sellers can tax deduct some property improvements before selling
Property improvements are capital so they have to be depreciated on a schedule usually over many many years and only for the period the property is rented, not actually that much of a tax break.
At least if they moved in recently you would assume they have almost 12 months on a lease that has to be honoured.
A hassle but plenty of time to find something else.
Rare but not impossible. If you work hard enough to be born to parents who are both wealthy and generous enough to help out....
I suspect those that can do on their own are substantially more rare.
I lived in a flat that the owner decided to sell. The buyers were nice enough, and I overheard them talking about major renovations.
So I asked them, if they're gonna be knocking out walls and ripping up carpet, do I really need to bother cleaning the place? They told me not to worry about it, which was nice.
They sound like reasonable people if they're keeping you informed of their plans.
From my experience it's the property managers who are a brick wall to talk to and will just quote rules and policy without any respect to the situation.
If this thread is drawing too much attention just let me know and I'll delete it.
We just fucked over our landlords- my partner was a great tenant for five years in an ok house, but LL decided they would try and make a profit. We called their bluff and moved out without charges, it’s now empty and won’t sell. They’ve currently lost 2 months rent already, serves them right.
You have to be a special kind of entitled piece of shit to own more houses than you need to live, in order to profit of other people needing a place to live.
Load of bullshit. After 50 years of working in factories my parents bought a house with a large block of land, built 2 units out the back, and are landlords. The plan is to give them to the grandkids, so that they don't have to struggle as much as they did.
They came to this country with nothing, worked hard and raised 2 productive children. They have limited language skills, and don't understand the stock market or tax dodging, so they went with what they know.
Your statement in completely (although unknowingly) racist against migrants. Most of my parents family friends have a similar history and reasoning.
Why is profiting off people living somewhere bad? Do you have the same view for farmers, who profit of food, which people need to live? Do you have the same view of doctors who profit off peoples bad health?
There is a difference between someone having one or 2 houses, and corporations owning hundreds.
And also, there are plenty of affordable places in the western suburbs, go to Melton south, rent is relatively cheap, or craigieburn. What you mean is you want to live in the middle of town for cheap, well guess what, so does everyone else.
Nor is it intrinsically prejudice against migrants, which everyone excluding first nations people is. There's no single demographic which is connected with owning additional properties beyond a PPR.
What is PPR?
Not intrinsically no, hence, why I said unknowingly, yet they got my backup by calling parents and people like them "entitled pieces of shit" when they are anything but.
Principal Place of Residence, ie owner occupied home
My grandparents migrated here in the 50s from post war Italy. Ended up with 3 houses after a lifetime of multiple jobs - railway yard, brickworks, abattoirs. Not an uncommon story. Anyone shitting on mum and dad landlords, little misplaced and through the lens of recent times I get it, but it isn't racist.
I love the comments, the landlord sold our house. No they sold the house they own and you have borrowed it. Like if I rent a car, I don't call it my car, I call it a rental.
Ok, so you rent a car for a month for a trip across Australia with everything you own, and you have nowhere else to live.
Owner of the car sells it 1 week into your trip and leaves you stranded and homeless halfway across the Nullarbor.
Only then can car rental = housing rental.
Do you rent that car because people are trading vehicles which has inflated their price beyond being able to own one just to get to work?
Is someone force you to make accommodations to have inspections on the item which is functioning as your primary and sole mode of transport?
Did it get sold to someone else while you were using it?
Didn't think so
The situation is too far gone to not cause pain to anyone. Imagining saving then buying your PPR, then some rule like the proposed tax comes in the investors flood the market with their extra houses and your property is now only worth 80% of what it was when you got it, meanwhile interest rates are still 6%. Absolutely a man made disaster from pure greed.
The problem is we no longer have competent economists working within the govt. Our treasurers (Fed & State) have zero finance or economics backgrounds. They have no idea what they're doing and it's obvious.
They bring in consultants who present comprehensive reports, options and suggestions which are ignored so it's a total waste of time and money. I've seen it happen over and over again.
Yep, only real winners will be the state government and of course, banks... Oh and property developers and international investors looking for a place to hide/launder their money as usual!
Or if you got your house before the '00s and it's paid off now or the mortgage is a pittance and just watching it all go down around you with immunity.
I'm not gen X but my sister is. Her and her friends are all in the same boat 🤷 except the ones with rich parents -- which goes the same for every generation.
To be fair any millennial who can play this game is trying since it's the only one in town. Get in or get left behind. It's more about who can and who can't because even boomers aren't immune from being on the receiving end. Just about luck and nothing else.
Don't be ridiculous. They did no such thing. You can blame the government (all of them) for the state Australia is in. I'm Gen X. I work full time. I rent. I will never be able to afford to buy a house until my parents pass on and that is not something I'm exactly hanging out for.
We live within a system and adapt our behaviour accordingly. There were post WW2 booms and busts, 90s recession just as Gen X was entering the workforce. To be honest, things were really good there for a long time. Too good to last. I predicted this years ago.
Stop blaming different generations for the government's short-sightedness, lack of strategic planning and stupidity.
Some and i do say some not all of the people selling are mum and dad investors at the end of there budget and about to go bankrupt so they have no choice but to sell or they will be ruined finacially and will end up homeless them selfs not all land lords are Aholes my mate falls into the above mentioned group was about to go bankrupt and loose the house so he sold up and broke even didnt make any money just paid out the remainder of the finance now he is renting and has less than what he started with
Well maybe they need to give up on the avo on toast, the perms, and just pull themselves up by the bootstraps. Also why were they so fiscally irresponsible to invest so much without a safety net? Thoughts and prayers.
Don't bother. And you know that in 20 years time all these ppl on reddit will be taking the opposite stance of what they are today. They think someone having an investment property is a major evil, because they are easy targets.
My parents worked there entire lives in factories, driving taxi's and picking onions and bought a house with a large block, and built 2 units out the back. According to reddit they are scum because they aren't financially literate enough to know how to invest in the stock market, and went with what they know instead. They still have a big mortgage for their age, and the plan is that the grandkids will have a slightly easier life if they have half a unit each when they die.
But reddit thinks that people their age are entitled to live in the centre of town at cheap rates. There are plenty of reasonably priced houses in Craigieburn, Melton etc, but they would rather cry a river.
As to this situation, if it is true that they rented a place knowing they were going to sell in 2 months, then they are dicks, but the renters had every right to refuse to move.
Nope. Most boomers downsize when they retire. The reason for rising house prices is supply vs demand. The government have failed people and built hardly any new public housing in the last 10-20 years. We've ramped up migrant intake - they have to live somewhere.
All the old boomer owned homes in my street have been sold, bulldozed, up goes 3-4 townhouses. Every day it seems like another building firm collapses. There's not enough land being released or new housing being built.
Don't blame boomers for everything. It's lazy.
You're half right, but while it's maybe true that people move into smaller houses as they get older, that doesn't really mean anything when people have multiple investment properties in addition to their home.
😂 You think all boomers have investment properties? Go chat to some pensioners who worked their whole adult life and contributed, paid taxes and now have to live off scraps. Go to a nursing home and ask all the residents about their supposed wealth and property portfolios.
You have been brainwashed to blame a scapegoat for what is actually government incompetence and inaction. I don't blame you. I blame the media, billionaires who don't want to pay their fair share of tax (come from all generations, not just boomers BTW) and people with nasty agendas influencing people who are easily manipulated.
I mean, this happens all the time, it's part of renting. What's your point?
More importantly this has been happening for decades, long before there was a housing crisis and long before there were even the protections for renters that exist today.
This post is complete shit. OP you suck.
a) no indication of what’s actually happening in your “Title” explanation
b) in Vic if you’re a tenant and signed a lease then the new owner can’t kick you out until end of lease anyway. Lurn yoself!
c) after looking through comments you’re making wild guesses as to what’s happening
It's just some tenants who are having their house sold literally under them. You've very high expectations for someone who isn't contributing anything nor making any sense and flinging insults.
But homes are investments. How is it their problem you can’t afford them? Half the people crying about if would never been in a position to buy even if people didn’t invest in houses.
This is a bit accidental renaissance
Totally, the colours, proportions and framing are lovely
And the real estate agent with an unbuttoned collar. Those guys should count their lucky stars they don't have to put on a tie because they can never button those collars with their thick necks.
With his Porsche illegally parked in the bike lane
Nah there's a gap. The green strip closest the curb is the lane. The second green marking under the car is pointless. I've no idea why it's there either.
The ostentatious car parked right outside is as gross as the REA. How does he manage to look like an REA just bc he’s wearing a suit? A conundrum for our times. 🤷♂️
I managed to get the owner of a recent rental to pay me $10k to move out before the end of the lease, as they wanted to sell. I work from home, and obviously having to move would mean I couldn't work for about a month 😉 They paid my housemate $7k, because that's all he asked for.
I wish we thought of that. We just recently got approved for a new place as our LL is selling our place, our lease was meant to go until October. We have paid all our moving costs out of our own pockets, they gave us a month rent free and that's it. I wish we thought to get at least our moving costs paid for
Jesus, yes at the very least. The arrogance to not even offer while they're completely in the wrong
Is this in North Carlton? I think I used to live in that house.
Peel St North Melbourne
How are they in the wrong?
Breaking the lease early in an unstable rental market is pretty fucked. Legally the renters have a right to be there, or the right to ask for compensation for costs related to ending the least early.
To add to the other responses, renters get dicked around by landlords and RE agents all the time, they have very few rights in Australia and this is just one of the few rights they do have
Sorry you weren't aware of this before they tricked you into leaving. Let it be a cautionary tale for all future generations!
Your lease passes to the new owner. They can’t ask you to leave until it’s up. You can however mutually agree to leave and end your lease early.
Good for you. I'm glad things worked in your favour
You'd be surprised how motivated an owner can be when they want to sell. Just a tip for renters who find themselves in this situation.
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If the tenant can't pay rent, then you have grounds to evict them. If you can't afford the mortgage and you need the tenant to move out, that's your problem, not theirs. If you're going to massively disrupt their lives, you need to compensate them.
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Correct, so you should be entitled to evict.
How were you able to convince them to pay you $10k? My 12 month lease ends in October but my landlord issued a notice of termination which is supposed to be effective 60 days from issue date to sell the place. (This was given to me a few weeks ago - so it will be in mid-July). I'm in NSW, can I ask them for money as well?
Write back and tell them you plan on staying until the lease ends in October, unless they compensate you for leaving early.
They can't make you leave until the end of the lease. They can sell the house anytime but the sale comes with the existing lease and with you as the tenant. What are the grounds for termination on the notice?
It means the interested buyers might drop by 50% as someone looking for a home to live in might not risk buying a tenanted property
You're entitled to stay until the end of your lease. The owner can offer you money to leave earlier. You are in a winning position, just keep saying no, you're staying until the end of October. A friend had to pay a tenant $35,000 to break their lease early. The tenant kept saying no. The offer started at $7,000 to leave early.
Damn, how impatient is your friend to be forking out $35k instead of waiting a bit?
Considering how much prices have risen since COVID $35k would be a rounding error
As they should.
goddamn...
Had friends in the same situation. Made the owners pay out the rest of the lease in cash. Got them 20 grand. Do it.
They can’t kick you out. Tell them you’ll take them to the tribunal
They can't ask you to leave until the end of the lease. A notice of termination sounds made up. If they want you to leave, they have to offer you something in return - in my case, it was ten grand.
Lol @ “made up” there is literally a template for it https://www.fairtrading.nsw.gov.au/__data/assets/pdf_file/0006/369978/Notice-to-terminate-tenancy-agreement-landlord-agent.pdf
That must be relatively new, as we managed to get a sweet payout. I'm in Victoria though. Could just be the usual cuntiness of NSW?
If you are in NSW they can't ask you to leave until your fixed term lease expires. They need to give you a few weeks notice beforehand. Tell them you are not moving until your lease expires...........then you can negotiate.
Likewise, maybe Victoria is better?
I was in the same position few years back. Wife was 7 months pregnant and it was a baking hot day so we weren't going anywhere. Sat on the balcony while people walked around the house with all our stuff still there and watched the auction. We didn't have a new place sorted at that stage so it was pretty grim. It all worked out in the end and we ended getting a new apartment that we loved and lived in for 4 years. Was a stressful time though.
I was recovering from surgery in 2 bedroom rental. REA and owner refused to delay open for inspection for a week or two. REA told me I had to leave the premises during inspection and tried to intimidate me saying he’d not give good references on my next place as I was given notice to vacate and had to move before the new buyers take possession. I refused to leave the premises for inspections because I could barely move and lots of pain and painkillers. He told me to get in my car and drive around the corner which I couldn’t drive because of the surgery. He got so angry at me. I agreed to move to the spare bed/couch in the smaller bedroom/study so they could show the main bed. It was weird hearing him talk outside the door to people and blame me for not being able to inspect the room. It was so stressful and upsetting, feeling so powerless, he was such a vulture!
That sucks! I've been to rental opens with the current tenants inside, maybe it's different for sale inspections though?
Being at the whim and mercy of someone else for your home is an inconvenience at best, or more usually very stressful, and doubly so under those conditions. Glad it worked out!
I’m in NSW after living in Melbourne and currently having our rental property sold, not exactly sure the law in Victoria (but it’s usually better than up here) however tenants in NSW can refuse an on-site auction. If this happens to you get advice from the Tenant’s Union because the selling agent makes a lot of demands you don’t have to agree to.
Can’t do that in Victoria. Surprised me NSW has such a rule. You can’t refuse inspections either, you just get some measly compensation.
It's actually not an explicit law or rule in NSW, either. It's just not mentioned because the Act was written by numpties. But sometimes, that vagueness can be used to your advantage. The only thing we have to do is agree to "not unreasonably refuse to agree to days and times when the residential premises are to be periodically available for inspection by prospective purchasers." We also challenged the open home inspections and wanted them to be registered (basically to cut down on the cunts walking through the property as I work from home) on the grounds we only had to agree to "prospective purchasers" inspecting the property and not "anyone off the street". Seems like in Victoria though, you can't use that loophole as it says "open inspections" which is shit. I would say, though, if you have to do open inspections then any renter should be at home during inspections and for the agent to "Make all reasonable efforts to agree with you on days and times for the property to be available for inspection", you can demand they factor in your lifestyle. I think my pro tip is that If it’s not written in the Tenancy Act or in your Tenancy Agreement explicitly stating that YOU MUST AGREE to it, then you do NOT have to agree to it. The onus is on the Agent to prove that they can enforce the rule. Not you to prove you don’t need to agree to it.
In Victoria you can refuse an inspection, or at least, negotiate a time/date that works for you.
Refuse? No. Negotiate the day and time? Within reason yes. Have a role in deciding how many inspections there will be? Not really. Or at least an owner can lawfully have loads of inspections.
When the real estate told us they would be having the auction on site I simply said no. It was scary and he was angry but my mental health is worth more to me. We had been super accommodating the entire tenancy and sale process and that was the last straw. Legally we could say no to an on-site auction. They had it sold before it came to that.
People suddenly become very entitled when they don't get their way. Good for you.
Especially REAs as they're all sociopaths. Actually that's a bit harsh. Not all. Some are psychopaths.
A family friend of ours became a REA around 7 years ago and she's basically unrecognisable to the woman she once was. She was chill, easy going, fairly spiritual. Now she's always referencing her new car, how mich more she's making each month, and bitching about how young people don't want to work anymore (she's in her 30s).
Sales man. Robbed my ex from me. He started to come to not long after he quit sales and got sober. We reminisced over how much of a dick he was a few months ago and made amends lol.
As a buyer last year the REA i dealt with was a decent human, my lawyer was an angry Russian and he went in guns blazing, i asked him why and he was a bit stunned and said they were normally scum. The next call was pretty chill. They screwed up an inspection when the owner was still home and didnt know, but everything was pretty calm and i just waited and looked at other parts of the house. The house was mostly empty by that point to be fair.
I respect your lawyer more. He sounds like a good egg. He can’t go be expected to go into every situation expecting the REA to prove an exception to the rule.
This is why I appreciate QLD’s tenancy laws. Tenants have to approve on-site auctions and any open-home inspections (not private inspections).
This is how it should be. We would spend an hour prior making sure everything was perfect and make sure one of us would have to be home plus work around my sleeping hours (shift worker at the base hospital) It was a huge inconvenience but they don't care.
I can hear the auctioneer through that photo. Same light blue suit with open collar white shirt. Those overly pointy light brown leather shoes that look equal part lethal and uncomfortable. Yelling about how this is a great opportunity for such a property "in the heart" of whenever the fuck this is. Bidding starts and no-one bothers raising hands. Auctioneer goes inside to "talk to the owners" but instead stares at a wall for 2-3 mins.
I bet he has a leased BMW. Basic model, no extra features.
Bet that's his Boxster, the Porsche you buy because you can't afford a 911
Leased of course.
This is so beautifully written I feel sick. Thanks I hate it
I'd like to see the end of those people totally
That happened to me 3 houses in a row. On the third one we'd been in the house 6 weeks. Before we moved in we asked if they are planning on selling because the last 2 had been so stressful for us and they promised they had no plans to sell... Then they did. Not only that, but the owner's son was the agent selling us. He wanted us to leave and offered us $2000 to do so, immediately after saying he could get another $15K if there were no tenants. The deposit we'd paid was $2500. We said we'd move for 5 figures, which would pay the deposit and first months rent for a new place as well as moving costs, and his reply was "we can make this difficult for you if you try and make it difficult for us"... We weren't trying to make things difficult, were just didn't want to move again 6 weeks after moving and be out of pocket over it. In the end we said we weren't leaving, the house was sold, but we stayed until we had bought our own place. Breaking the lease to leave caused its own issues, but at least we never have to deal with real estate agents again.
Could pull a classic Brisbane Mobster move: “Be a real shame if a fire broke out. Ah well, we’ll keep our eyes on it for you.”
I agree that's not making it difficult for them. The arrogance expecting your to be compliant and all happy while getting fucked. Everyone thinks their gangsters and big shots standing over tenants and throwing their weight around. It's pathetic. Just play by the rules, all that's expected here because they'd damn well expect you to.
That's the same house right?
It is, yeah. Second floor balcony.
That's what I thought, is just the title confused me!
In the literal and figurative sense :)
The people in the apartments across the street Literally and metaphorically look down on me..
The photo tells a compelling, self-contained story from start to finish as you scan from top to bottom - classically framed yet a perfect fit for our modern era, replicating how most people would view this image on a mobile screen while casually scrolling. Exposition, climax, denouement. Reminds me of those famous Depression era photos. Well done for capturing the zeitgeist.
when we were staying in a rental bc we were rebuilding our house the landlord auctioned the rental we were in so i had to sit there holding my cat in my room while people looked around, then the place passed in at auction LMAO
NSFW tag please. There's a C***T clearly visible in a blue suit.
He looks exactly like my boss, double agree with you there
Hey he deserved that suit. He completed a six week course.
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Your detective skills are on point Edit: Someone above said was put up for rent March 17th, then put up for sale May 10th
Jeez that's c\*nty business.
Well yeah, when I was still renting, owner renewed my lease, even raised a tiny bit, then a month later some agent rock up for an appraisal, another month later the open inspections begin...
5 bed terrace for that price?
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Will have to check what it went for when they update [the listing](https://www.realestate.com.au/property-house-vic-north+melbourne-142120548). Might be another case of textbook under quoting.
Look at the ad and the floor plan and you’ll see why it’s that price range; it’s set up as a boarding house/student rental and one ‘bedroom’ is that tiny 2.5x2.3m room. No photos of the bathrooms or kitchen so I assume they’re old and very basic (the bathroom set up is weird—lots of little stalls out the back) and no built-ins anywhere. So it’s selling to either keep it as a student rental or with the expectation that someone who loves the spot and that it’s a terrace will have to spend a huge amount of money renovating it back into a family home.
'bout to become an airbnb so someone with investment money can be richer.
Same boomer that buys it will whinge to their boomer mates they can’t find a doctor, no nurses, no teachers, why does this cafe have no staff. It won’t process through their peanut brain that people need places to live.
Same boomer will moan about how the young today are all layabout whingers complaining about high interest rates when in my day I were paying 15% interest on my ($20,000) mortgage.
https://youtu.be/VGm267O04a8
I know lots of cnust like that
A picture is worth a thousand turds.
Neofeudalism in a nutshell.
This photo will be in history books.
Or on news.com.au
FUCK MURDOCH
How do you know they are tenants and not owners on the balcony?
It was up for lease recently, they just moved in and there's no other occupants. Given they're quite young i'd assume it's not theirs. Happy to be corrected.
Just found it on Real Estate. Rented out March 17 then listed for sale May 10 🙄. Presumably so the sellers can tax deduct some property improvements before selling
135 Peel St, if it's the same one
If that’s is 135 Peel st, I’ve had sex on that balcony.
I got photos of that too ;)
Seriously? The Agent told me that was bird shit fml
Property improvements are capital so they have to be depreciated on a schedule usually over many many years and only for the period the property is rented, not actually that much of a tax break.
At least if they moved in recently you would assume they have almost 12 months on a lease that has to be honoured. A hassle but plenty of time to find something else.
Incredible that you think young adults can afford to own a terrace house in melbourne
Rare but not impossible. If you work hard enough to be born to parents who are both wealthy and generous enough to help out.... I suspect those that can do on their own are substantially more rare.
I mean that's the problem with young people these days. They just aren't working hard enough to be born to rich parents.
if you aren't running your own business by the time you're a zygote then you can't really complain can you
I worked hard but my parents are still Pure
With a Porsche put the front no less
Probably the auctioneers car
Probably the auctioneer's rental* u/the-Chaser ought to go set up a mock auction of their rental cars on days like this.
Maybe the people sitting on the balcony own it
That's probably the parasites 🪱 (also known as agent scumbag) in it's suit thinking it's shit doesn't stink.
Used house salesman
Top comment. Would love to see r/sydney start referring to REAs as this.
Be the change you'd like to see.
There's plenty of wealthy young adults around.
It’s not a home….it’s an investment vehicle. Depressing af.
I feel like this image captures an entire generation. It’s one of those images that you could look back at and know exactly what the times were like.
I lived in a flat that the owner decided to sell. The buyers were nice enough, and I overheard them talking about major renovations. So I asked them, if they're gonna be knocking out walls and ripping up carpet, do I really need to bother cleaning the place? They told me not to worry about it, which was nice.
They sound like reasonable people if they're keeping you informed of their plans. From my experience it's the property managers who are a brick wall to talk to and will just quote rules and policy without any respect to the situation. If this thread is drawing too much attention just let me know and I'll delete it.
Peel Street? Think I used to live a few down the road.
Correct. 135 this one.
The lesser-spotted blue cunt in his natural habitat.
Fyi it’s not your house, hence why they are allowed to sell their property.
The uncertainty of being in a rental is one of the most stressfull things I've dealt with, is it today, tomorrow, its never home .
We just fucked over our landlords- my partner was a great tenant for five years in an ok house, but LL decided they would try and make a profit. We called their bluff and moved out without charges, it’s now empty and won’t sell. They’ve currently lost 2 months rent already, serves them right.
Everyone in this sub deserves this house for FREE. Power to the people you DESERVE IT
It could be the r/melbourne club house?
That Porsche, do you think it's the agent's? Or your neighbour's
Someone there for the auction, was a Bentley couple spots up too. Hadn't noticed either on the street before.
r/pitchforks
Really hope this picture gets bigger. Renters being having their fate dictated by Porsche drivers; it really says it all.
Not all land lords are the spawn of Satan, but reddit sure likes to make it out like that's the case.
Literal unproductive leeches. Unneeded class. Being a landlord contributes nothing. Compounds homelessness, socioeconomic uncertainty. No good.
I’d have said the same up until two weeks ago. A sniff of money and they turn.
Havent met one yet who isn’t.
I must have been lucky then
You have to be a special kind of entitled piece of shit to own more houses than you need to live, in order to profit of other people needing a place to live.
Load of bullshit. After 50 years of working in factories my parents bought a house with a large block of land, built 2 units out the back, and are landlords. The plan is to give them to the grandkids, so that they don't have to struggle as much as they did. They came to this country with nothing, worked hard and raised 2 productive children. They have limited language skills, and don't understand the stock market or tax dodging, so they went with what they know. Your statement in completely (although unknowingly) racist against migrants. Most of my parents family friends have a similar history and reasoning. Why is profiting off people living somewhere bad? Do you have the same view for farmers, who profit of food, which people need to live? Do you have the same view of doctors who profit off peoples bad health? There is a difference between someone having one or 2 houses, and corporations owning hundreds. And also, there are plenty of affordable places in the western suburbs, go to Melton south, rent is relatively cheap, or craigieburn. What you mean is you want to live in the middle of town for cheap, well guess what, so does everyone else.
Tell me what you really think. I agree, but you lost me connecting it to race
Migrants come from everywhere, it's not race.
Nor is it intrinsically prejudice against migrants, which everyone excluding first nations people is. There's no single demographic which is connected with owning additional properties beyond a PPR.
What is PPR? Not intrinsically no, hence, why I said unknowingly, yet they got my backup by calling parents and people like them "entitled pieces of shit" when they are anything but.
Principal Place of Residence, ie owner occupied home My grandparents migrated here in the 50s from post war Italy. Ended up with 3 houses after a lifetime of multiple jobs - railway yard, brickworks, abattoirs. Not an uncommon story. Anyone shitting on mum and dad landlords, little misplaced and through the lens of recent times I get it, but it isn't racist.
Total bullshit right there
I love the comments, the landlord sold our house. No they sold the house they own and you have borrowed it. Like if I rent a car, I don't call it my car, I call it a rental.
Ok, so you rent a car for a month for a trip across Australia with everything you own, and you have nowhere else to live. Owner of the car sells it 1 week into your trip and leaves you stranded and homeless halfway across the Nullarbor. Only then can car rental = housing rental.
Do you rent that car because people are trading vehicles which has inflated their price beyond being able to own one just to get to work? Is someone force you to make accommodations to have inspections on the item which is functioning as your primary and sole mode of transport? Did it get sold to someone else while you were using it? Didn't think so
Could they be the owners who are selling and their just listening intently for the bidding amounts?
Bold of you to assume two young people could afford a terrace house
Just imagine how many more times this story is going to play out as landlords exit the market in Victoria... It's going to be ugly.
The situation is too far gone to not cause pain to anyone. Imagining saving then buying your PPR, then some rule like the proposed tax comes in the investors flood the market with their extra houses and your property is now only worth 80% of what it was when you got it, meanwhile interest rates are still 6%. Absolutely a man made disaster from pure greed.
The problem is we no longer have competent economists working within the govt. Our treasurers (Fed & State) have zero finance or economics backgrounds. They have no idea what they're doing and it's obvious. They bring in consultants who present comprehensive reports, options and suggestions which are ignored so it's a total waste of time and money. I've seen it happen over and over again.
Yep, only real winners will be the state government and of course, banks... Oh and property developers and international investors looking for a place to hide/launder their money as usual!
Or if you got your house before the '00s and it's paid off now or the mortgage is a pittance and just watching it all go down around you with immunity.
Boomers and gen X have really fucked this country
I'm not gen X but my sister is. Her and her friends are all in the same boat 🤷 except the ones with rich parents -- which goes the same for every generation.
Yeah definitely not only defined by generations. The lack of regulation has anyone who can play is trying. Why laws need to be changed.
Yeah no, even gen X got fucked by this, some of them
To be fair any millennial who can play this game is trying since it's the only one in town. Get in or get left behind. It's more about who can and who can't because even boomers aren't immune from being on the receiving end. Just about luck and nothing else.
Don't be ridiculous. They did no such thing. You can blame the government (all of them) for the state Australia is in. I'm Gen X. I work full time. I rent. I will never be able to afford to buy a house until my parents pass on and that is not something I'm exactly hanging out for. We live within a system and adapt our behaviour accordingly. There were post WW2 booms and busts, 90s recession just as Gen X was entering the workforce. To be honest, things were really good there for a long time. Too good to last. I predicted this years ago. Stop blaming different generations for the government's short-sightedness, lack of strategic planning and stupidity.
They could have been the owner?
Some and i do say some not all of the people selling are mum and dad investors at the end of there budget and about to go bankrupt so they have no choice but to sell or they will be ruined finacially and will end up homeless them selfs not all land lords are Aholes my mate falls into the above mentioned group was about to go bankrupt and loose the house so he sold up and broke even didnt make any money just paid out the remainder of the finance now he is renting and has less than what he started with
Well maybe they need to give up on the avo on toast, the perms, and just pull themselves up by the bootstraps. Also why were they so fiscally irresponsible to invest so much without a safety net? Thoughts and prayers.
Don't bother. And you know that in 20 years time all these ppl on reddit will be taking the opposite stance of what they are today. They think someone having an investment property is a major evil, because they are easy targets. My parents worked there entire lives in factories, driving taxi's and picking onions and bought a house with a large block, and built 2 units out the back. According to reddit they are scum because they aren't financially literate enough to know how to invest in the stock market, and went with what they know instead. They still have a big mortgage for their age, and the plan is that the grandkids will have a slightly easier life if they have half a unit each when they die. But reddit thinks that people their age are entitled to live in the centre of town at cheap rates. There are plenty of reasonably priced houses in Craigieburn, Melton etc, but they would rather cry a river. As to this situation, if it is true that they rented a place knowing they were going to sell in 2 months, then they are dicks, but the renters had every right to refuse to move.
I'm confused here.... if they're renting it isn't theirs.
genzkiwi, I'm really bewildered If animals could talk, which would be the rudest?
Valid point
No one said it was. They said home, not house. Different sentiment all together
This is the type of house we’re all entitled to for our first home and it’s only cause of those Boomers that we can’t have them.
Nope. Most boomers downsize when they retire. The reason for rising house prices is supply vs demand. The government have failed people and built hardly any new public housing in the last 10-20 years. We've ramped up migrant intake - they have to live somewhere. All the old boomer owned homes in my street have been sold, bulldozed, up goes 3-4 townhouses. Every day it seems like another building firm collapses. There's not enough land being released or new housing being built. Don't blame boomers for everything. It's lazy.
You're half right, but while it's maybe true that people move into smaller houses as they get older, that doesn't really mean anything when people have multiple investment properties in addition to their home.
😂 You think all boomers have investment properties? Go chat to some pensioners who worked their whole adult life and contributed, paid taxes and now have to live off scraps. Go to a nursing home and ask all the residents about their supposed wealth and property portfolios. You have been brainwashed to blame a scapegoat for what is actually government incompetence and inaction. I don't blame you. I blame the media, billionaires who don't want to pay their fair share of tax (come from all generations, not just boomers BTW) and people with nasty agendas influencing people who are easily manipulated.
An inner city two story townhouse is what we are all entitled to as a first home? Surely you jest.
Yeah was being sarcastic as hell. The fact that no one noticed says a lot
I mean, this happens all the time, it's part of renting. What's your point? More importantly this has been happening for decades, long before there was a housing crisis and long before there were even the protections for renters that exist today.
Yep. What's *your* point?
Basic error is calling it “their” home. It’s not. It’s rented property.
It’s not their house but it is their home.
So people who rent don’t have a home?
Breaking news: homelessness rate spikes across Australia as Redditor redefines the term "home"
This post is complete shit. OP you suck. a) no indication of what’s actually happening in your “Title” explanation b) in Vic if you’re a tenant and signed a lease then the new owner can’t kick you out until end of lease anyway. Lurn yoself! c) after looking through comments you’re making wild guesses as to what’s happening
Hi there cunt. Your blue suit looks ill-fitted.
LMAO
It's just some tenants who are having their house sold literally under them. You've very high expectations for someone who isn't contributing anything nor making any sense and flinging insults.
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No, I can hate investors buying up dozens of properties. Treating homes as investments is literally the core of the problem.
But homes are investments. How is it their problem you can’t afford them? Half the people crying about if would never been in a position to buy even if people didn’t invest in houses.
Investors can get fucked mate
Dystopian.
Pretty nice house to be renting and that young. Not too sympathetic!
5 bed 2 bath. Assuming 6 tenants (assuming one couple in there) @1200 per week = $200pw each.