Otago Property Investors Association Inc
Phone: 03 477 6220
“Many people claim that housing has never been less affordable and that it is an impossible dream for today's young people”, 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.”
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.
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.
This monthly ANZ Property Focus publication provides an independent appraisal of recent developments in the property market.
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.
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.
This is the property and economic update for March 2017
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.
A statement by Reserve Bank Governor Graeme Wheeler
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.
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.
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.
What you need to know about insuring your investment property.
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.
This Housing Confidence report has been prepared by Kim Mundy, ASB economist
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.
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.
Statement by Reserve Bank Governor Graeme Wheeler
The current Health and Safety legislation imposes requirements on the landlords of rental property.
An advocacy group Renters United is worried the TINZ tenant checking system could be abused. TINZ allows landlords to rate tenants at the end of their tenancy and see how other landlords have rated applicants.
“Recent CoreLogic data shows that flipping or rapid on-selling of houses is not as common as people may believe” says Andrew King, Executive Officer of the NZ Property Investors’ Federation
The New Zealand Property Investors' Federation (NZPIF) rejects accusation made against rental property providers by the Monte Cecilia Housing Trust.
I hope this magazine finds you still on holiday and enjoying a well earned break. This is a great time of the year to contemplate events of the past year and where you are heading in the coming year.
The draft NZ Standard for meth is now open for public consultation. Submissions close on 20 February 2017.
Prime Minister Bill English has today announced his new Cabinet line-up which builds on the success of the last eight years and provides new ideas and energy heading into election year.
Results: 26-50 of 2353
Need help or