With rents sky-rocketing an investment manager has leapt to the defence of landlords saying they are seen as the 'bad guy' but often have their own homes on the line.
However, the argument did not seem to impress one renter during the studio discussion of the rent crisis filmed for an upcoming episode of SBS show Insight.
Queensland investment manager Troy Sussman said that most property investors are 'just every day mums and dads ...
trying to help themselves'.
The majority of landlords, he asserted, eVDen Eve nAKLiyaT only have an average Australian household income ($1,124 per week), below $100,000 a year.
He pointed out that if a tenant stopped paying rent the landlord would have to carry all the property costs including what they may have borrowed to buy it.
'Everyone that owns an investment property is carrying the full risk of holding that property and wearing the interest rate costs and eVden EvE nAKliyat the associated costs that go with the property,' Mr Sussman said.
Queensland investment manager Troy Sussman (pictured) has defended landlords over sky-rocketing rents
'They might have used that property to buy another property, which is also helping alleviate this entire crisis.
'And it's that leverage that is sort of what is really starting to hurt.'
Mr Sussman said interest rate rises were 'hurting everybody from first homebuyers through to our investors' and that made it fair for landlords to raise rents.
'I think it's 100 per cent fair because they are the ones that are wearing the risk associated with this,' he said.
'Their personal home is ...
put on the line to be able to have these properties and provide this housing.
'I'm not denying the fact that it's very, very hard but it is a double-edged sword. It does hurt both sides.'
Adelaide renter Martin McClory could be seen frowning at the floor during Ms Sussman's contribution.
Earlier Mr McClory said he did not believe rising interest rates had anything to do with rents increasing.
'It's clearly because the landlord thinks that he can (raise them),' Mr Clory said.
'It's just market value, apparently.'
Adelaide renter Martin McClory (pictured) believed landlords are increasing rents 'just because they can'
Samantha Bock, a renting mother, said that after challenging a rent increase of $60 on her home she was given eight weeks to vacate the property located just outside of Brisbane.
Competition to find a new place was tough with some even offering more than the standard four months in advance to get the inside run of properties.
'There's people that have sold properties in Victoria or Melbourne and moved up here and could pay 12 months in advance,' Ms Bock said.
'And then unfortunately (this) increases the area value, which then increases all the other properties.
'So, it's a flow-on effect. In case you have any inquiries regarding where by along with how to use EvdEN EvE NakliyAt, it is possible to contact us from our own web-site. '
Ms Bock was able to find a more suitable place at less than the increased price of her previous rental but it was 'a lot of stress'.
Sydney property manager Jo Natoli confirmed some desperate rental seekers were making offers above the asking price.
'I caution my (landlord) clients not to look at the offer in a monetary terms,' Jo said.
'We set market rent based on the market, what's going on in the market.
'And we prefer to look at the overall application, rather than the dollars and cents of it.'
Long lines of wannabe renters are being seen every weekend in capital cities around Australia
Ms Natoli lamented that property managers copped the blame for rent rises.
'Always it's the property manager's fault.