There continues to be a large number of media articles talking about the "housing crisis" and people being tenants for life. I'm sure that the people saying that home ownership is not achievable for young people are doing this with the best intentions, but they are giving these people the wrong message. Ironically, by trying to stand up for first home buyers they are likely putting them off even trying to achieve their first home. 03-05-2017 more >>
“The NZ Property Investors' Federation promotes good maintenance of rental properties to its members. This makes good business sense as tenants of well-maintained properties are likely to stay longer, meaning lower vacancy rates,†says Andrew King, Executive Officer. 27-04-2017 more >>
G-Force We Install specialises in providing a nationwide insulation and smoke alarm assessment, supply and installation service for rental property owners and managers to ensure that their properties meet the new requirements of the Residential Tenancy Act (RTA). 17-04-2017 more >>
To our knowledge this is the first time that this research has been done in New Zealand. The FCSPRU report looked at 120 international studies and shows that there are statistically significant benefits to home ownership in health, employment, crime, welfare, economic and education outcomes 12-04-2017 more >>
“Many people claim that housing has never been less affordable and that it is an impossible dream for today's young peopleâ€, says Andrew King, Executive Officer of the NZ Property Investors’ Federation. “While these well-meaning people believe they are standing up for young first home buyers, they may in fact be doing them a disservice.†12-04-2017 more >>
Today the Government issued an Expression of Interest to Community Housing Providers interested in taking over ownership of up to 2500 social houses in Christchurch. As part of this deal, the new provider will be required to provide at least 150 additional new social housing places. 10-04-2017 more >>
Parliament will today debate the committee stage of a Bill that is the second phase of the Government’s substantial reforms to the Resource Management Act (RMA), Environment Minister Dr Nick Smith says. 04-04-2017 more >>
Labour leader Andrew Little has confirmed that in addition to increasing the Bright Line Test for rental property from two to five years, Labour will also remove negative gearing for rental property. 03-04-2017 more >>
Home building consents rebounded in February 2017, but were up only slightly from February 2016, Stats NZ said today.
A total of 2,418 new homes were consented in February 2017 – up 1.6 percent from February 2016. 31-03-2017 more >>
From next month, Accessible Properties will take over 1138 social houses and tenancies owned by Housing New Zealand.
“This is the first regional, large-scale transfer of Government-owned social houses to a community housing provider. They are a major plank of our plan to improve social housing,†says Social Housing Minister Amy Adams. 24-03-2017 more >>
Building and Construction Minister Dr Nick Smith has welcomed the Ministry of Business Innovation and Employment’s (MBIE) Tenancy Compliance and Investigations Team’s first successful prosecution of a landlord for renting a substandard property, under the Government’s tenancy law reform passed last year. 17-03-2017 more >>
If you are not a member of a local Property Investors' Association, read on and tell us what you would like as a member by taking our survey. If you are already a member, send this item on to a friend who is a property investor but not a member. 10-03-2017 more >>
I live in a part of the Mt Albert electoral area. As you read this, the results of a byelection in my area would have been announced. It is an interesting byelection as National are not putting forward a candidate, but Gareth Morgan's new Opportunities Party is. 03-03-2017 more >>
Statistics New Zealand this week released updated projections of population growth for NZ regions and local authority areas out to 2043. Almost all areas have seen improvements on the back of higher net immigration flows, but still there are 17 areas where population decline is projected. We republish their tables so people looking at the regions and perhaps investing outside the main centres can have realistic views on how much future demand for housing there may be. 23-02-2017 more >>
In a speech to Massey University and the Auckland Chamber of Commerce, Steven Joyce says at a time when many parts of the world face significant political and economic risks, the outlook for New Zealand is positive. Businesses are investing, job growth is solid and wages are rising faster than inflation. 16-02-2017 more >>
For the last few years we have been inundated with media articles and opinion pieces on how we have a housing crisis and that the young are doomed to be tenants for life. 16-02-2017 more >>
