Rights of the tenant versus rights of the landlord“There are good and bad aspects of the Greens’ Residential Tenancies (Safe and Secure Rentals) Amendment Bill which was selected from the ballot today†says Andrew King, Executive Officer of the NZ Property Investors’ Federation.11-08-2016 more >> Reserve Bank restrictions hurt tenants and small investorsOne of the Reserve Bank's tasks is to keep inflation between 1% and 3%. It appears that the purpose of the LVR tightening is to allow the Reserve Bank to lower interest rates, thereby stimulating the economy and lowering the NZ dollar.19-07-2016 more >> Responding to Brian Fallow's opinion piece in NZ Herald Friday 15th JulyBrian Fallow's extraordinary opinion piece against rental property owners demands a reply. His view has been fixed since he became a journalist and there appears to be no way that they will change. However New Zealand deserves to hear the complete story.15-07-2016 more >> Labour's housing policies won't help tenantsLast week Labour leader, Andrew Little, said he was announcing new measures that he maintained were aimed at traders and speculators, not investors providing rental accommodation. Labour is proposing to target rental property owners with an extension to the Bright Line Test and by banning negative gearing.10-07-2016 more >> Labour's focus is correctWhen asked by a journalist yesterday if any of Labour’s housing announcements would target investors, Andrew Little clarified that they would target speculators, "those looking to for short term gain in the housing market."08-07-2016 more >> Rental property providers threatenedThe Reserve Bank has stated that housing supply is the real issue in house price increases. However because they cannot influence supply, they are threatening rental property providers with tighter Loan-to-Value Ratios (LVRs) and Limits on Debt-to-Income ratios (DTIs).07-07-2016 more >> Are we shooting at the wrong target?Following QV's monthly housing report released today, the Prime Minister’s advice to further hinder the provision of rental properties in New Zealand is misguided.05-07-2016 more >> Residual meth in our rentalsAndrew King, Executive Officer of the NZPIF, looks into the facts behind the media hype03-07-2016 more >> Are there really too many property investors?A recent CoreLogic report has claimed that 46% of property sales in Auckland over the last month were to investors. This figure was obtained by counting the number of properties bought by people who have an existing home. Apart from investing, there are many other situations where this may occur.13-06-2016 more >> Positives for housing in the budget do not go far enough“It's great that the 2016 Budget has extended the Healthy Homes Initiative with an extra $18m,†says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF).28-05-2016 more >> Comparing cyclesAndrew King was the first presenter at the 2015 NZPIF Conference and was asked to update attendees on the property market and where we are in the cycle. He said it was very interesting to do the research and see how different this cycle is behaving compared to previous ones.10-11-2015 more >> Analysing claims for exemplary damagesTenancy Tribunal statistics show that nearly 50% of the tenant applications against landlords contained a claim for exemplary damages from the landlord, while less than 0.5% of landlords applications were for exemplary damages.31-08-2015 more >> Property investor or trader?Latest Reserve Bank lending data showed that the proportion of lending to investors has risen from 29 percent to 33 per cent over the last year. Following this release, some headlines have read "Investors head first-home buyers", "Auckland is a ‘speculators’ paradise" and†Investors dominate first home buyers".30-07-2015 more >> Call for property investors to pay more taxTowards the end of last year, an organisation called the Financial Services Council (FSC) launched a campaign to reduce the tax obligations for Kiwisaver savings and some term deposits.17-02-2015 more >> Rental yields in Auckland getting lower says Andrew King to TV3Andrew King talked to TV 3's Simon Shepherd about the recent Trade Me statistics of the cost of renting property in Auckland.23-01-2015 more >> Investing becoming more popularMore people are interested in buying investment properties since the loan-to-value rules kicked in, the latest BNZ Consumer Confidence survey shows. It found a net 45% of the respondents are confident that the economy will improve over the next year.05-03-2014 more >> Positive economy not LVRs drives interest in rental investmentThe Bank of New Zealand’s Nine Rewards Consumer Trends Survey indicates that interest in buying residential rental property has almost doubled since the LVRs were introduced05-03-2014 more >> Low rents deter home buyersLow rents are discouraging people from buying their own homes, according to the New Zealand Property Investors Federation (NZPIF). NZPIF executive officer Andrew King said the cost of owning an average home was about $138 a week more than the cost of renting a similar property.02-03-2014 more >> Will rental WOFs make the grade?On paper it sounds like a great idea. A checklist for rental properties which, if mandatory, would ensure that the 31 per cent of the population who rent are in liveable homes. Increasingly, though, there are murmurs from landlords and real estate agents about whether the rental "warrant of fitness" idea being proposed at council level will improve the tenant's lot.23-02-2014 more >> Tribunal applications fast-trackedA new system designed to cut the time it takes to resolve tenancy disputes will only be available to big property management firms and Housing New Zealand at first. Housing Minister Nick Smith has revealed details of the new “Fasttrack†process for the Tenancy Tribunal.30-01-2014 more >> Tenant trouble pushes landlords to sellMany landlords are choosing to sell their properties because of bad experiences with tenants, says the president of the New Zealand Property Investors Federation.27-01-2014 more >> Affordability report questionedCriteria used to describe New Zealand’s housing as unaffordable are too simplistic and do not take into account the cost of borrowing, the New Zealand Property Investors Federation says. The Demographia survey compares housing costs in nine countries.21-01-2014 more >> Investors won't make a loss: KingRent increases are bad news for everyone, the New Zealand Property Investors Federation says. The Salvation Army has released a report which says that rent rises over the past five years have made all low-income groups in Auckland, except superannuitants, worse off in real terms.15-11-2013 more >> Respecting tenant rights.“No tenant should have to live in a mould-ridden unit,†said Andrew King, Executive Officer of the NZ Property Investors’ Federation the national organisation representing landlords13-11-2013 more >> |
