Dax Stanley explains how rising rents and interest rates are pushing renters into share housing, where they lease large homes and sub-let rooms to cover costs. A 1.2% vacancy rate is climbing, and Stanley argues property owners can reposition large rentals into high-density share housing to improve cash flow.
Chapters
Three things. We've got an issue with property investing right now and you probably know most of it but it was prevalent when I was talking to some friends on the weekend and some of them are renting their rent vest. Look at one of my videos if you don't know what that is. They have decided to rent a big mansion and then rent out subrout so that share housing has really started growing as rents keep going up. People who were saving to buy their home becoming unreachable, you know, based on the interest rate. And the third, the third thing is that investors aren't getting the market. They're a bit worried, bit concerned about the interest rates and what that's cutting. So we've got this rental crisis at 1.2% nationwide. They're increasing. These share houses are interesting but what can you do as an investor? Well, if you've got a big mansion or a big rental, we could convert that into Class 1B for the investor.