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Home Ownership and Pets

By Peter Hewitt

Recent surveys show outright home ownership has fallen from 42% in mid 1990’s to 31% now.

Renters have risen from 25% to 30%.

Owners still paying off their mortgage are now 37%, from 30% in mid 1990’s.

Recent research says only 24% of first time property investors will allow tenants with pets.  This despite 45% of households in Australia having one or more dogs.  That survey concludes “property owners who are happy to rent to people with furry friends could open their properties up to a much wider rental market.  The report recommends that owners willing to allow pets should make this very clear in their advertising.

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