Goodlord warns Renters Rights Act may trigger market division
Property Industry Eye
Recent findings from Goodlord indicate that the Renters Rights Act might inadvertently establish a two-tier sector. A significant portion of landlords are reportedly considering tenant rejection as a defensive measure against legislative changes.
The PropAtlas take
Agencies must ensure their property management software provides robust tenant screening and compliance tools to navigate these regulatory shifts. Mitigating legal risk is now a primary requirement for software selection as landlord sentiment towards renting stability fluctuates.