@abcnewsaus: Eddie Dilleen is building a rental empire. The 31-year-old investor owns 78 properties in total. He says he has put up rents by 10 to 15 per cent on average in the last year, and while he could charge more, he doesn’t want to risk vacancies, and interest rate rises haven’t put pressure on him so far. #Landlord #RentalCrisis #RentalProperty #HousingMarket #Housing #Property #Investing #abc730 #ABCNews

ABC News Australia
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Thursday 25 May 2023 01:03:58 GMT
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hot_mess_dressage
Hotmessdressage :
This isn’t the flex he thinks it is. Wealth and property hoarding is so unethical.
2023-05-25 03:35:35
272
cadet.sket
philmate :
mate im not going to pat this guy on the back for not overcharging his tennants. 70 properties is just too much for 1 person to own
2023-05-25 06:05:47
127
rich.off.realesta
Rich off Realestate :
Great stuff
2025-02-27 13:50:06
0
cjmmmm90
Cmm_90 :
Good on him, anyone who hates is only jealous.
2024-08-30 06:55:03
75
ln7___
Liam ☺️ :
Are we supposed to give this guy a medal or something… 🤷‍♂️
2023-05-25 01:22:08
708
givememydamncroissant
rubytuesday :
good for him,but we need to put limit on the amount of properties people can own. others could buy those.
2023-05-25 02:22:37
210
pingucapital
Pingu Capital :
78 properties but a very low net worth due to the debt he carries. These property spruikers are a recession away from bankruptcy.
2023-05-25 01:58:57
71
tvdreams
franko :
everybody eats before anyone gets seconds
2023-05-25 01:19:11
187
rewind_earth
rewind :
I hope he recognises he got lucky that his investments worked out. hundreds of others try to do the same and something goes wrong
2023-05-25 05:15:24
15
david.m091
John D R :
This needs to be ended.There needs to be a 99% tax on all income derived from property investment and the money used to build public housing.
2023-05-25 03:55:45
21
boonieg7
Pomsky :
limit investment property to max of 3 each.
2023-05-25 08:18:16
6
blakeroberts24
SAUCE :
He's focused on selling 'story' rather than the actual path
2023-05-25 07:59:43
70
1luckyliv
Liv :
$730 a week in America is high. It amazes me how the housing market differs from country to country.
2024-12-01 16:54:37
0
misscrybaby95
🪐 :
okay...and? would he like us to applaud him?
2023-05-25 01:36:05
15
celestebeverlysea
pestolesto :
I have one investment property and I would love to rent it for less to my sibling who rents regardless but there are tax rules that prevent it 🤷🏼‍♀️
2023-05-25 02:54:43
2
arvintyen
atrmyne :
time machine is the key
2023-05-25 01:37:22
37
birdydownunder
birdydownunder :
All this is proof of is that the real estate ‘market’ is rigged for investors by government subsidies. They created this market. It’s artificial.
2023-05-25 05:07:46
19
shundohundo
ShundoHundo :
Well done sir. I guarantee this gentleman has made significant sacrifices in building his property portfolio. Capitalism drives our economy.
2023-05-25 02:08:39
14
sgt.stingray
twitch.tv/sgtstingray :
"I want to help the poor" "The price is because of the market". Bro what?
2023-05-25 01:19:40
45
ghzvozsj919
ghzvozsj919 :
Thank you,love it
2024-12-14 17:54:00
1
ugh_benjamin
ugh_benjamin :
Had a limit on toilet paper purchase but not for housing 😁
2023-05-25 08:00:00
6
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