In the fourth Podcast in our Covid-19 specials recorded on Monday we turned our thoughts to focusing on the impact to landlords, tenants and those selling property. NSW and QLD have released their packages for assistance to landlords and the residential market was rocked last week by Consumer Affairs Victoria announcing that open for inspections for occupied homes would be banned. Victoria has since backtracked and reversed these restrictive regulations yesterday. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •Restrictions on landlords - as the state governments enact 'no evictions' for non-payment of rent, preventions on rental increases and inspections done via video conference. •What to do if your tenant is unable to pay rent - if you have a stable income, now is the time to refinance to reduce repayments, get on a lower rate, consolidate debt, access equity to increase your liquidity bridge to get you through to the other side. Be clear on your landlord insurance and what it does or does not cover. Get on the phone with your lender and swap to interest only - ASIC has updated their responsible lending guidelines to allow for this. Repayment pauses are available and should be an option of last resort as most lenders are capitalising interest. •Tenants who are falling through the cracks - international students, those on temporary visas and people casually employed for less than 12 months do not meet JobKeeper and Jobseeker criteria. •Regulations for commercial rentals - if your business has been impacted by Covid-19, your rent must be decreased by 50% of the revenue lost, if you have lost more than 30% revenue, with 2 years to make up the difference. •The longer-term impact to the commercial rental market as businesses successfully work from home. •Lack of regulation for residential rentals as the rental market takes a dip - landlords encouraged to cut a deal with their tenants and real estate agents left to decide how this process is managed. Anecdotally, rents have decreased by 5-15% due to decreasing demand. On the supply side, Airbnb and other properties which were short-stay rentals are set to come onto the market in droves. •Increasing difficulty to sell - as Consumer Affairs Victoria has quickly revoked their regulation announced last week that occupied homes could not host open for inspections. •And of course, our 'gold nuggets'! We wish you and your families the best of health and say a big thank you to all our health workers during this time. Visit the show notes: https://bit.ly/2wDSQvR