What’s a ‘reasonable’ return on a landlord’s investment? PEI Greens ask for clear rules

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PEI’s Green Party is seeking clarity about what constitutes a reasonable return on a landlord’s investment in rental properties, while also recommending legislative changes that say would give landlords more insight into a property’s financial risk.

The province’s Residential Tenancy Act (RTA) says that when it falls to the Island Regulatory and Appeals Commission to approve a requested rent increase, one of the factors includes “the expectation of the landlord to have a reasonable return on the landlord’s capital investment.”

But there’s no clear definition of what “reasonable” means in this context, which led to the Greens’ line of questioning

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How do the recent changes to property tax impact you?

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Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows

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Rental prices rose in most Australian capital cities last year, but Canberra rents stayed flat

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The start of a new year in Canberra usually marks the peak of a frenzied rental market, with crowds flooding open homes and would-be tenants offering agents more cash to secure a property.

But it has been more than a decade since real estate

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Dubai’s red-hot property market is bracing for a slowdown

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Just nine months after buying their first property in Dubai, Dina Habib and Karim Yusuf are already planning their next move within the city.

The Egyptian couple, who spent eight years renting in the emirate, are selling their two-bedroom apartment in the Jumeirah Village Circle district on the edge of Dubai for a 26% premium over the 1.7 million dirhams ($460,000) they paid for the property in March.

Habib is hoping to secure a larger property for his family of three for the same price or less.

“For many years, we’ve paid someone else’s mortgage because we were scared to

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Dozens queue for Melbourne rental inspection as rental crisis continues

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Hordes of hopeful renters have been filmed queuing up to view a property in Melbourne, as the country’s rental crisis continues.

A video shared by TikTok user ‘Bnod Basnet’ shows dozens of hopeful renters lining up to inspect a two-bedroom, one-bathroom apartment in Melbourne’s inner-city suburb of Flemington on Wednesday afternoon.

Footage shows the crowd stretching from outside the apartment complex to down a footpath along the street, a number of houses away.

The prospective renter who shared the video told news.com.au they “don’t understand” how the rental crisis has reached the level it has.

He said he was among

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Foreign investors to be slapped with huge penalties for leaving homes vacant

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Foreign investors who leave their own property vacant will be slugged with charges of upwards of $169,000 under a federal government plan to free up more housing stock.

The federal government says that next year it will try to legislate a tripling of application fees for foreign investors to purchase a property, and an increase to penalties for vacant

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Dire rental properties getting you down? Sometimes it’s better to laugh than cry | Renting

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How can renters across Australia claim some power back from real estate agents? “At least start by making fun of them,” says Jordan van den Berg, who is better known as Purple Pingers, the guy behind a TikTok series that exposes Australia’s “shit rentals”.

For three years, in his comical, unenthusiastic monotone voice, 27-year-old Van den Berg has given young Australians faced with a dire rental market some relief by naming and shaming the real estate agents who refuse to fix maintenance issues or do not include the whole truth in listings.

The worst case he remembers was in

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Living in New York: What Makes Ithaca, the Bronx, and Manhattan Stand Out

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Ask ten people what “living in New York” means, and you’ll get ten very different answers. For some, it’s the nonstop pace of Manhattan. For others, it’s a borough like the Bronx, where neighborhood culture is as strong as family ties. And for many, it’s not New York City at all but a scenic upstate town like Ithaca, with its balance of nature, education, and affordability. These three places—Ithaca, the Bronx, and Manhattan—don’t just highlight New York’s diversity; they also show how the housing market reflects lifestyle choices. The numbers tell one story, but the reasons behind them explain why…Continue Reading