Monthly Coffee Chat Group - August 2023

Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. President- Kathryn Seque is hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held.
26-08-2023 more >>

Prefabricated Homes & Sleepouts - Titan Homes

Titan Homes specializes as builders of small homes that can be transported nationwide. With factories in both Auckland and Dunedin and a range of designs, layouts and sizes, a tiny home could be a future investment property to add to your portfolio. Andy Hamilton, South Island Manager, will speak about the concept and answer all your burning questions. Have a look at the website www.titanhomes.co.nz in the meantime.
22-08-2023 more >>

Official Cash rate stays at 5.5%

The current level of interest rates is constraining spending and hence inflation pressure, as anticipated and required. The Committee agreed that the OCR needs to stay at restrictive levels for the foreseeable future to ensure annual consumer price inflation returns to the 1 to 3% target range, while supporting maximum sustainable employment.
16-08-2023 more >>

What is in a name

Private investors play the highest and most valuable role in the New Zealand housing system.  Around 86% of rental homes are supplied by private owners and this is one of the best examples of a public – private housing system in the world.   ‘Landlord’ has been an inexact and overused term by media and politicians to refer to what are actually property investors, the vast majority of whom are not directly ‘landlords’ in the way the word is used. 
10-08-2023 more >>

More bureaucracy on rentals not the answer

The Green Party is calling for a rental property warrant of fitness which is likely to hit renters with an unnecessary cost of around $90,000,000 a year. The idea of a rental property warrant of fitness was first raised 25 years ago and has been rejected by all Governments ever since.
02-08-2023 more >>

Why tenants feel pain - letter to the editor in the Wairarapa Times Age

Tim Horsbrugh explains that the one policy that has had the most significant effect on tenants is the tax change in which rental property owners can no longer claim their interest costs as a business expense.
02-08-2023 more >>