Craig Hughes

Yeah, well, I think it's another great gift from Donald Trump, despite all the horrendous things that are associated with him.

He's nonstop for the comedic lines and he never misses a beat.

Yes, and it's going to follow them for a long time.

The changes that they introduced in regards to the rental market meant that when a new tenancy is created, a new tenancy can be reset at market rent.

So they were warned that this would be an incentive for people to evict their tenants to either sell up or to move on.

And I suppose the interesting thing is that actual tenancies in the rental market have increased by about 2.4% year on year.

So the rental market is still attractive.

So those rental properties are being snapped up.

And I think what we're going to see is a lot of churn in the market because you're going to have this people moving out and bigger players coming in and staying there.

But the problem that the government has is that it's going to lead to inflated rents for people who are on kind of good deals already.

And their only hope is that it stimulates the market enough to create further investment in it because they think there isn't enough there already.

But they're not going to be able to resolve themselves from the fact that

their constituents, their voters are going to be seeing higher rents throughout the lifetime.

I think the problem isn't... So when you say landlords are leaving the market, the rental sector still isn't getting smaller, though, because they're actually being replaced and it's gone up 2.4% in terms of the actual capacity in the sector.

The problem is, if you're in a rental property at the moment and you're on a good deal, the landlord doesn't want you to stay on that deal.

So they'll go, oh, look, we'll sell it.

Some other fund might take it up, but they can then immediately charge the higher rent.

It's that government policy shift that...

that has led to those evictions.

And that's the no.