The rent I pay to my bank (aka mortgage) has gone up 35%. My mortgage for my investment property has also increased 40%. Due to property prices rising, the land valuations have risen and therefore so have the rates and land tax. My landlord insurance went up 33%. Even if I increased the rent of my tenants, I will still not cover the increased costs for having an investment property. But the mainstream media and social media commentators think I'm a rich landlord and criticise any increase to rent. They don't see that I'm heavily subsidising a tenants living arrangements. If I sell, it will probably be bought by a migrating Victorian or NSW person and increase the homelessness in my city when they evict the tenants. That's the ethical and financial considerations the media should be focussing on. Landlords in general are providing a valuable (and expensive) social service in this country that the governments do not. Not all landlords are wealthy self funded retirees. We are sometimes struggling not just to keep a roof over our own heads, but those of our tenants.

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The Catherine hill bay entry could be a bit of an anomaly because of the recent 400 plus (vey large) houses development in the new subdivision. Prior to this houses rented would all have been in the original miners' cottages in the small historic town.

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