As far as whodunnits go, it is by no means a puzzling “Professor Plum in the library with the candlestick” kind of scenario.
In fact, property industry sleuths say there is no mystery at all to the disappearance of so-called Ma and Pa investors from Australia’s residential rental markets.
After doing the heavylifting for decades—supplying more than 80 per cent of the country’s $3-trillion rental pool—they are now leaving the market in droves due to increased regulation, higher taxes, rising interest rates and the cost of living.
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