Labour to Ring Fence rental property losses Among the detail in Labourâ€™s Monetary Policy Upgrade is ring-fencing of losses made in the early years of rental property ownership. A similar policy has been tried, failed and reversed in Australia. In the 2 year period it was law, Australian rents rose by over 25%. 05-05-2014 more >>
Capital Gains Tax not a solution The association representing Kiwi landlords is disappointed the Labour Party is misleading the public about their proposed capital gains tax, which they plan to apply to all asset classes except the family home. 14-04-2014 more >>
WOF an insult not a protection The national federation representing Kiwi landlords is warning against progressing with the flawed rental WOF scheme, claiming its trialed roll-out is raising serious concerns for both tenants and landlords.
17-03-2014 more >>
Property investors provide a service and fill the gap The census document NZ in Profile 2014 and the findings of the BNZ/REINZ Residential Market Survey hint at a disturbing trend regarding home ownership in this country. Overall the residential market is improving compared with the findings of the previous BNZ/REINZ survey. 19-02-2014 more >>
State house WOF Housing New Zealand properties are paid for by taxpayers and it is these taxpayers who will end up paying for any cost increases in providing HNZ tenants with accommodation.
19-02-2014 more >>
Housing affordability not so bad Demographia's latest survey of housing affordability paints a depressing picture for New Zealand. But is it as bad as Deographia make it out to be?
21-01-2014 more >>
NZPIF: WOFs not the best approach Rental property warrants of fitness arenâ€™t necessary, the New Zealand Property Investors Federation says. It was yesterday revealed that a trial of WOFs for rental properties â€“ both private and council-owned â€“ will start across the country in January. Councils said there were concerns that the housing stock was substandard and contributing to poor health. 18-12-2013 more >>
Focus on insulation and heating rentals, not WOF A University of Otago study by medical students looked at 106 children admitted to Wellington hospital over winter. It found that the main cause for admission, 38%, was due to the effects of inhalation of second hand smoke.Other reasons were dampness (30%), mould (24%) and overcrowding (21%) in the home. The authors say that these findings support the need for a warrant of fitness on rental properties.
14-12-2013 more >>
Warm houses key to child health. Childrenâ€™s Commissioner, Dr Wills, reports today that, over the last 12 years, the biggest increases in child hospitalisations with poverty-related illnesses have been in asthma and bronchiolitis. He has said that living in crowded, cold and damp houses is what matters.
10-12-2013 more >>
Property speculators are not property investors Curbing property investment is a Dominion Post readerâ€™s solution to New Zealandâ€™s current housing crisis. However, this solution demonstrates confusion between property speculators and property investors.
25-11-2013 more >>
Rent increases bad news for all â€œThe impact of rent increases low income groups in Auckland is not good for anyoneâ€, said Andrew King, Executive Officer of the NZ Property Investorsâ€™ Federation, in response to a Salvation Armyâ€™ report by social policy analyst Alan Johnson.
16-11-2013 more >>