Property investors’ lobby groups have been up in arms this week about Labour and Greens’ plans to close tax loopholes and fix the housing market. That’s probably a good thing. Like investors in any other sector of the economy, they expect to make money – but they have preferential tax treatment that investors in other […]
It’s that time of year when a lot of people who rent find themselves looking for a new home. Maybe it’s because the university year is beginning, but it seems like a lot of tenancy agreements expire in February and March. So renting is in the news again. RadioNZ reported how rising Wellington rents are […]
Over the weekend, Stuff.co.nz published a story titled “The Baby or the House” about how more and more young Auckland couples who want to start a family are putting it off because it’s too expensive to have kids and a mortgage. I think part of the problem is that renting rules aren’t very family-friendly. People […]
People who rent their homes have it pretty tough in New Zealand. Compared to lots of other countries, it’s pretty easy to get evicted or have your rent raised. You can get in trouble for something as simple as putting a poster on the wall.