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OnlyFans model with three homes says it’s ‘understandable’ for landlords to raise rent

OnlyFans model with three homes says it’s ‘understandable’ for landlords to raise rent

NY Post
Saturday, May 11, 2024 02:26:28 AM UTC

A young landlord who owns multiple properties has revealed why she thinks it is totally “understandable” for landlords to raise their rents.

Grace, 26, managed to amass her property empire by creating content on OnlyFans, she owns two apartments and one house and is looking to purchase her fourth.

She lives in her Melbourne apartment and her house in another part of Victoria is listed for $396 per week, but she’s currently waiting for tenants to move in.

The creator is still waiting for her second apartment in Brisbane to be built but plans to rent it out when construction is complete.

The young Aussie known online as Grace Wears Lace explained that each property still has hefty mortgages between $429,445 and $462,479.

Australia is currently going through a massive housing crisis, with mortgages ballooning thanks to the Reserve Bank of Australia’s cash rate sitting at 4.35 percent and coupled with Australia’s vacancy rate being at a record low of 0.7 percent.

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