When and Why Do Landlords Retain Property Investments?
This paper examines factors influencing Australian landlords’ decisions to retain their rental investments. A variety of statistical techniques are applied to uncover the factors precipitating the exit of landlords from rental housing markets. It is found that middle-aged investors are more attached...
| Main Authors: | , |
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| Format: | Journal Article |
| Published: |
Sage Publications Ltd.
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/41720 |
| _version_ | 1848756223396020224 |
|---|---|
| author | Wood, G. Ong, Rachel |
| author_facet | Wood, G. Ong, Rachel |
| author_sort | Wood, G. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This paper examines factors influencing Australian landlords’ decisions to retain their rental investments. A variety of statistical techniques are applied to uncover the factors precipitating the exit of landlords from rental housing markets. It is found that middle-aged investors are more attached to rental investments than younger investors. However, once retired, there is a sharp increase in the likelihood of exit from rental investments. The estimates also confirm the importance of financial variables. Leveraged loss-making investors with higher gross rental yields are more inclined to terminate leases. It is concluded that fiscal and monetary policy settings play an important role in shaping rental housing investment decisions, since interest rate and tax parameters are important in determining investors’ negative gearing status. These will in turn drive changes in housing supply and affordability in rental markets. |
| first_indexed | 2025-11-14T09:08:47Z |
| format | Journal Article |
| id | curtin-20.500.11937-41720 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:08:47Z |
| publishDate | 2013 |
| publisher | Sage Publications Ltd. |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-417202017-09-13T14:19:01Z When and Why Do Landlords Retain Property Investments? Wood, G. Ong, Rachel Investment property Landlord's decision This paper examines factors influencing Australian landlords’ decisions to retain their rental investments. A variety of statistical techniques are applied to uncover the factors precipitating the exit of landlords from rental housing markets. It is found that middle-aged investors are more attached to rental investments than younger investors. However, once retired, there is a sharp increase in the likelihood of exit from rental investments. The estimates also confirm the importance of financial variables. Leveraged loss-making investors with higher gross rental yields are more inclined to terminate leases. It is concluded that fiscal and monetary policy settings play an important role in shaping rental housing investment decisions, since interest rate and tax parameters are important in determining investors’ negative gearing status. These will in turn drive changes in housing supply and affordability in rental markets. 2013 Journal Article http://hdl.handle.net/20.500.11937/41720 10.1177/0042098013484544 Sage Publications Ltd. fulltext |
| spellingShingle | Investment property Landlord's decision Wood, G. Ong, Rachel When and Why Do Landlords Retain Property Investments? |
| title | When and Why Do Landlords Retain Property Investments? |
| title_full | When and Why Do Landlords Retain Property Investments? |
| title_fullStr | When and Why Do Landlords Retain Property Investments? |
| title_full_unstemmed | When and Why Do Landlords Retain Property Investments? |
| title_short | When and Why Do Landlords Retain Property Investments? |
| title_sort | when and why do landlords retain property investments? |
| topic | Investment property Landlord's decision |
| url | http://hdl.handle.net/20.500.11937/41720 |