Otago Property Investors Association Inc

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Archive: September 2017

Official Cash Rate (OCR) unchanged at 1.75 percent

Statement by Reserve Bank Acting Governor Grant Spencer: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
28-09-2017 more >>

Protection of tenant rights

"It is important to protect tenant rights," said Andrew King, executive officer of the NZ Property Investors’ Federation. "However, it is not correct to say that tenants have no rights in New Zealand and that tenancy laws need to be rebalanced towards the tenant".
18-09-2017 more >>

Landlords offer stable tenancies

A survey of 816 rental property owners shows that 49% would like their tenants to stay in the property for a very long time as they have no intention of selling. Another 12.7% would like them to stay for at least the next 10 years after which they may start thinking about selling the property.
15-09-2017 more >>

Facts not scaremongering

In a Radio NZ interview today, Labour's housing spokesperson said that the NZ Property Investors' Federation (NZPIF) was scaremongering by releasing findings of a survey that showed that nearly three quarters of rental property owners would increase rents if some of Labour's housing policies were introduced. He also said that NZPIF did not explain why this would happen.
14-09-2017 more >>

State of the rental property providers survey

The NZPIF membership survey was conducted between 7 and 12 September 2017. There were 816 respondents.
13-09-2017 more >>

816 landlords react to Labour's housing proposals

The NZ Property Investors' Federation (NZPIF) received 816 responses to a survey of rental property owners giving their thoughts on a variety of matters currently affecting their industry.
13-09-2017 more >>

Labour needs to front up on housing policies

To assist voters in their decision making on September 23, Labour needs to front up on the cost of their housing policies for rental property providers and their tenants.
11-09-2017 more >>

Activity of two relatively new tenant advocacy groups. .

These groups sent out a call to their supporter database and social media channels asking for peoples "stories" about how they found renting and the condition of their rental properties. They then interpreted these stories to produce a report of what renting is like in New Zealand.
09-09-2017 more >>

How to be a real estate millionaire - Graeme Fowler - Investor experience

Come and hear Graeme Fowler on the 5 September. Graeme is a Hawkes Bay - Hastings property Investor with over 25 years experience, He currently holds 40 rental properties, His aim for 2017 is to make $1 million in value from the repairs and maintenance he is carrying out on his properties. He has purchased properties around the Hawkes Bay area for buy and holds and trades. He aims to buy at good discounts for profit and refinancing after getting them revalued. He will share the lessons he has learnt including know your market place well and don't pay more than you have to and crunch your numbers. Graeme has a Facebook property investor group page with over 5000 members (you can join in the discussion). He wrote NZ Real Estate Investors secrets, the first edition sold 10,000 copies, it was the story of 10 NZ millionaires who invested in property. The second edition re-looks at 5 of the original case studies with an update 5 years on review. There are some new names in the book.
05-09-2017 more >>

NZPIF comments on Labour policy announcements

Here are comments on the policy statements released by Labour on Sunday
04-09-2017 more >>

Landlord bashing is going too far

Because of a minor technicality, a dunedin landlord has been forced to refund back to their tenant all the rent that they paid over a nine month period.
01-09-2017 more >>


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