Otago Property Investors Association Inc
Reserve Bank to ease loan-to-value ratio restrictions in January 2019From 1 January 2019 the changes are - up to 20 percent (increased from 15 percent) of new mortgage loans to owner occupiers can have deposits of less than 20 percent and up to 5 percent of new mortgage loans to property investors can have deposits of less than 30 percent (lowered from 35 percent).
28-11-2018 more >>
Latest investor confidence survey from ASBInvestor confidence has dipped from nett+21% to +16%, the lowest since Q3 in 2016
26-11-2018 more >>
Indirect payment of letting fees may be the unintended outcomeProperty managers are to be banned from charging tenants a letting fee from 12 December this year.
15-11-2018 more >>
Can you trust CVs (Capital Values)The relevance of CVs (Capital Values) has been questioned recently. Itâ€™s not the first time and Iâ€™m sure it wonâ€™t be the last, but the one thing I think we have to come back to is that CVs are a great anchor point for market value
15-11-2018 more >>
Official Cash Rate (OCR) unchanged at 1.75 percentWe expect to keep the OCR at this level through 2019 and into 2020 says Reserve Bank Governor
08-11-2018 more >>
Property values spring into life in WellingtonAccording to the October CoreLogic QV House Price Index, property values in Wellington City grew by 3.9% over the last three months.
07-11-2018 more >>
Domestic war zones will increase under proposed tenancy law changesA Motueka street has returned to normality after three years of turmoil caused by the actions of Housing NZ tenants in one rental property.
06-11-2018 more >>
NZPIF has always considered needs of tenants but tenant advocates have a different perspectiveFrom speaking to some tenant advocates it is clear that we come to the discussion from two very different viewpoints. It appears to me that some of the more vocal tenant advocates are extreme and one sided in their thoughts with an unrealistic expectation for the outcomes of their proposals.
01-11-2018 more >>