Landlord, as a business owner, one of his/her responsibility is to sizing up competitors.
In normal time, landlord already needs to do market research.
Who are you going to compete with?
What is your edge against the competitors: location, size of the house, yard, pricing, commute, shopping malls, crime, etc.
This government sale, as stupid as it is, is only going add one more competitor in the rental market.
If you are sure you will do better job than your competitor with higher quality and lower price, then there is no need to be afraid.
It only means you may have to do extra job to maintain, and attract your clients.
But it could mean all the hype of CAP rates (or return on investments) on this board will be decreasing in the years to come.
It is a long fight. It surely is not going to be easy as a longlord. Just get perspective right.
