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LAFHA Cancelled, reduction in rental prices?

LAFHA Cancelled, reduction in rental prices?

Old May 21st 2012, 2:33 am
  #1  
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Default LAFHA Cancelled, reduction in rental prices?

Hi All,

I've been working in Sydney on a 457/lafha for 2 years and I'm in the process of looking for a new unit due to the reduction in my salary. Which is fair enough.

I was thinking that there must be many others in the same situation as me. Has anyone noticed a drop in rental prices in popular ex-pat suburbs such as Manly, Bondi, Lower North Shore? It surely must have a knock-on effect.
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Old May 21st 2012, 2:50 am
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Default Re: LAFHA Cancelled, reduction in rental prices?

probably not a sufficient proportion of renters claiming LAFHA to make a difference, its all supply & demand really.
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Old May 21st 2012, 2:56 am
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Default Re: LAFHA Cancelled, reduction in rental prices?

Originally Posted by sydneyengineer
Hi All,

I've been working in Sydney on a 457/lafha for 2 years and I'm in the process of looking for a new unit due to the reduction in my salary. Which is fair enough.

I was thinking that there must be many others in the same situation as me. Has anyone noticed a drop in rental prices in popular ex-pat suburbs such as Manly, Bondi, Lower North Shore? It surely must have a knock-on effect.
I don't think LAHFA receipients make up enough of the rental market for it to make a difference.
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