Otago Property Investors Association Inc
Phone: 03 477 6220
Angela Strang is 2015 Landlord of the Year. She is a member of the Southland Property investors’ Association and was presented with this prestigious award at the annual NZ Property Investors’ Federation Conference held in Auckland at the Crowne Plaza on Sunday
Kesh Maharaj was a powerful speaker at the NZPIF Conference, sharing his ideas about the attitudes and systems which lead to success as a property investor. His presentation was brimming with excellent points about the systems new investors to plan and monitor the development of their portfolios
Jonno Ingerson has been analysing the housing market data in terms of who is buying what?
Renters were almost twice as likely to report a damp house problem as home owners in 2014, Statistics New Zealand said today. Just under half of renters reported they had a problem with dampness or mould, compared with around one-quarter of home-owners.
REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 8,174 dwelling sales nationwide in September 2015, up 38.3% on September 2014 and up 5.3% on the previous month, August.
Despite the minimum standards not even being in law yet, the Green Party has already reignited the issue with their Residential Tenancies Amendment Bill. A large part of this Bill is the call for a full WOF for rental property.
Revenue Minister Todd McClay says the new bright-line test, which comes into force today, will improve compliance with the current residential land sale rules and help to ensure that people pay their fair share of tax on gains from property sales.
He talks about the way that we approach economic policy in one area in particular – the housing market.
Treasury and the Ministry of Social Development are looking to identify further opportunities for the supply or transfer of social housing, Ministers Bill English and Paula Bennett say.
New Zealanders are fed up wasting time and money trying to work with loopy rules. We were tasked with identifying rules and regulations which are not fit-for-purpose and which impose unnecessary bureaucratic burdens on property owners and businesses.
Eight new properties being opened today show the importance community organisations play in housing vulnerable New Zealanders, Social Housing Minister Paula Bennett says.
Statement by Reserve Bank Governor Graeme Wheeler
The Taxation (Bright-line Test for Residential Land) Bill, which contains proposals to improve compliance with the tax rules on the sale of residential land, has passed its first reading in Parliament.
The latest monthly QV House Price Index shows that nationwide residential property values for August have increased 11.3% over the past year
Sales volumes, the median days to sell and annual house price inflation in July were all the strongest since 2007, with sales activity in the upper North Island strengthening
Tenancy 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.
The Reserve Bank expects new lending limits for Auckland property investors will reduce heightened financial system risk, and help moderate the Auckland housing market cycle, Deputy Governor Grant Spencer said today.
The Reserve Bank today published a summary of submissions and final policy positions in regards to changes in the Loan to Value Ratio restriction rules (LVRs), and the asset classification of residential property investment loans in the Capital Adequacy Framework.
Infracomfort is a preferred supplier of home heating to members of Property Investors’ Associations.
This survey was sent out in July to all members of property investors’ associations in New Zealand. 664 took part answering questions about the cost of providing rental property, heating and insulation and about landlords’ experiences with the Tenancy Tribunal.
Media was a little less focused on property investors during July and August. However, the effects of announced policy on groups such as bach owners was highlighted. Also the Child Poverty Action Group remained unsatisfied by the Government announcements regarding heating and insulation and continued to call for a WOF for rental properties.
The Government is investing in a single website for all Building Code information to make it easier to access and comply with building regulations, Building and Housing Minister Dr Nick Smith announced today
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".
The Reserve Bank today confirmed that at this stage some further monetary policy easing is likely to be required to maintain New Zealand’s economic growth around its potential, and return CPI inflation to its medium-term target level.
The ASB Housing Confidence Survey, three months to July, was released today.
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