New lease law. Will the sector remain profitable?

The new lease law is designed to be clear and transparent. In addition, the residence of several people in one apartment at once will become a fixed part of the law. So, if an apartment or house is rented to several tenants, the annual fee cannot exceed 3.5% of the amount invested in housing.

The law also reduces the size of the required deposit from 3 to just 2 months. This already raises a lot of questions from potential landlords. Many are somewhat skeptical about change.

If this continues, the agencies will begin to seriously think about the profitability of this business. After all, they won't be able to do it without landlords.

However, there is still a lot of time before that. The law is still at the approval stage, and no one can guarantee whether it will be adopted at all.