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A quick Google shows sales volume in 2020 are well up, and FHB's are well represented.
tdgeek:
A quick Google shows sales volume in 2020 are well up, and FHB's are well represented.
You don't think its all the NZers coming back to escape the havoc from covid in other countries.... Most of these people are cashed up. Which puts more pressure on the supply.
My parents just bought a place. They rang up at the start of the week. 10 sections available. Went up on Wednesday to have a look, 4 sections left, picked a section. Paid the deposit on the Friday. All gone. New build wont be completed until August 2021. Demand is way out-stripping supply at the moment. Which means prices will increase. Rents will increase too.
I agree homes should be of a livable standard, that stops people from becoming sick, provide adequate living conditions they need. But this is a disasterous policy from Labour. It will back fire, and the landlords will be blamed, Labour can do no wrong in many peoples minds. People won't bother renting out the properties, because they make too many socially engineered rules. Its just too hard, it will probably discourage investment into property which wont help the supply part of the equation either. I have spoken to soo many landlords who just can't be bothered anymore, they did the heatpumps, warrants, insulation and now they get told they get stuck with the tenants, and believe me, some of them are nightmares. I sold my rental a while back, so I don't have this problem. It makes you think, what ever happened to good faith these days? Seems everyone is out hell for leather.
In the end the renters will suffer more due to higher rents. The market availability / current market rates dictate the prices of rent.
It may take years to catch up if it ever does. I see another housing spike over the next 3 years.
Rent rises hurt the renters more than anyone else. Especially as its a percentage of their income. And that's what is going to happen. They would probably be better off to do nothing. Ideally they would take red council tape away so developers can build, and increase the supply. Work with the private sector to efficiently and quickly achieve development outcomes. Not play the jealousy card against landlords. If there were incentives to make things better, people would work with them.
Kiwibuild didn't work because its ran buy the public sector. A disasterous policy from day one, they 'said' what the people wanted to hear, but didn't deliver.
It is an Us vs Them mentality, left vs right and its got to stop. When we start uniting and working together there will be much better outcomes for both sides. I just see fighting everywhere. And the media never helps. I don't even bother with the news anymore, its so depressing.
I'm not sure why everyone thinks these law changes are the end of the world for NZ - when plenty of others countries have similar laws and don't have these issues? I know our attitudes towards housing in this country are very unhealthy but we aren't special.
Why in NZ would getting rid of no cause evictions, cause problems that aren't seen elsewhere? I don't see any country where landlords complete full interviews with employers and family/friends to complete a tenant's background check. Don't be ridiculous.
darylblake:
You don't think its all the NZers coming back to escape the havoc from covid in other countries.... Most of these people are cashed up. Which puts more pressure on the supply.
My parents just bought a place. They rang up at the start of the week. 10 sections available. Went up on Wednesday to have a look, 4 sections left, picked a section. Paid the deposit on the Friday. All gone. New build wont be completed until August 2021. Demand is way out-stripping supply at the moment. Which means prices will increase. Rents will increase too.
I agree homes should be of a livable standard, that stops people from becoming sick, provide adequate living conditions they need. But this is a disasterous policy from Labour. It will back fire, and the landlords will be blamed, Labour can do no wrong in many peoples minds. People won't bother renting out the properties, because they make too many socially engineered rules. Its just too hard, it will probably discourage investment into property which wont help the supply part of the equation either. I have spoken to soo many landlords who just can't be bothered anymore, they did the heatpumps, warrants, insulation and now they get told they get stuck with the tenants, and believe me, some of them are nightmares. I sold my rental a while back, so I don't have this problem. It makes you think, what ever happened to good faith these days? Seems everyone is out hell for leather.
I certainly believe the Covid people are a big cause, as I comment regularly and yesterday, 95000 so far.
Re your parents, great. They will pay for a new build that is the price tag, not be up bid or bidding up prices if it was an existing house. Their buid adds to house stock. And reduces demand as they didnt buy, less demand, lower prices.
If you are a landlord and I have been, the house should be liveable, if its not, make it liveable. But off this move is a disastorus policy, thats ok too, let the market manage it. And let the market mane house prices too, lets stay away from that also, but every day I read about people wanting house prices managed/controlled/reduced. Cant really have it both ways.
antonknee:
I'm not sure why everyone thinks these law changes are the end of the world for NZ - when plenty of others countries have similar laws and don't have these issues? I know our attitudes towards housing in this country are very unhealthy but we aren't special.
Why in NZ would getting rid of no cause evictions, cause problems that aren't seen elsewhere? I don't see any country where landlords complete full interviews with employers and family/friends to complete a tenant's background check. Don't be ridiculous.
Other countries have 12 weeks bond
Other countries supply an empty house, you want a kitchen its up to you to supply it
Other countries have large penalties if you fail to restore the property back to how it was
And no, in NZ landlords are NOT legally allowed to interview employers, not allowed to ask for copies of bank statements, or any of the the other BS you are claiming.
sir1963:
Other countries have 12 weeks bond
Rental deposits vary widely - one month, two months, and up to three months seem common.
Other countries supply an empty house, you want a kitchen its up to you to supply it.
Relatively uncommon. Germany comes to mind but not many others. Probably worth pointing out Germany's housing market is somewhat unique (something something world war).
Other countries have large penalties if you fail to restore the property back to how it was
Perhaps - although a very quick glance online would suggest the penalties are not that large anywhere.
And no, in NZ landlords are NOT legally allowed to interview employers, not allowed to ask for copies of bank statements, or any of the the other BS you are claiming.
And nor should they be allowed to - however it was suggested upthread that removing no cause evictions would mean landlords might need or want this as a result.
antonknee:
And no, in NZ landlords are NOT legally allowed to interview employers, not allowed to ask for copies of bank statements, or any of the the other BS you are claiming.
And nor should they be allowed to - however it was suggested upthread that removing no cause evictions would mean landlords might need or want this as a result.
So you think its fair that when a tenant assaults the landlord they can ONLY evict them if and only if the police charge them ?
sir1963:antonknee:And no, in NZ landlords are NOT legally allowed to interview employers, not allowed to ask for copies of bank statements, or any of the the other BS you are claiming.
And nor should they be allowed to - however it was suggested upthread that removing no cause evictions would mean landlords might need or want this as a result.
So you think its fair that when a tenant assaults the landlord they can ONLY evict them if and only if the police charge them ?
sir1963:
So you think its fair that when a tenant assaults the landlord they can ONLY evict them if and only if the police charge them ?
I think if you had a quiet word with a police offer and explained to them that you need the perpetrator charged in order to get them out of your rental property then they would probably be understanding.
I am more concerned about the fact that you have to give them 14 day notice of an eviction after an assault. If the tenant is that out of control then they will absolutely trash the property over that 14 day period.
sir1963:
antonknee:
And no, in NZ landlords are NOT legally allowed to interview employers, not allowed to ask for copies of bank statements, or any of the the other BS you are claiming.
And nor should they be allowed to - however it was suggested upthread that removing no cause evictions would mean landlords might need or want this as a result.
So you think its fair that when a tenant assaults the landlord they can ONLY evict them if and only if the police charge them ?
Not to be rude - but perhaps you should tell me where I even so much as implied that?
Yes I think a tenant should probably be evicted for assaulting their landlord, and yes I think it's reasonable to require Police involvement. It's an assault.
I would ask you though, how often do tenants assault their landlords? I'm not aware of this being a number one pressing issue facing landlords and tenants up and down the country, but perhaps I'm just out of the loop.
Handle9:
You mean that it's fair that there should be so proof that an assault actually took place?
ROTFLMAO, you think proof is all the police need ?
My dealings with police has been less about the proof but more about if they could be bothered.
Break-in ? Here is a number for your insurance company all over the phone, no one will visit.
Fraud on Trademe, gave them all the information and got "That person is well know to us, but we will not do anything, bye"
7-10 days before they would finger print 4 cars broken into on our street.
Someone parking in my parking spot blocking me out..".if you remove it we will do you for illegal interference , no we won't remove it, no we won't say who it belongs to, no you can not tresspass a car"
Police... unless its a cup of tea of tea tape... they are useless.
antonknee:
Not to be rude - but perhaps you should tell me where I even so much as implied that?
Yes I think a tenant should probably be evicted for assaulting their landlord, and yes I think it's reasonable to require Police involvement. It's an assault.
I would ask you though, how often do tenants assault their landlords? I'm not aware of this being a number one pressing issue facing landlords and tenants up and down the country, but perhaps I'm just out of the loop.
No, its not just police involvement, it is ONLY if they press charges.
"Sorry sir, he and his girlfriend deny that they assaulted you, there is insufficient evidence to press charges"
Antisocial behaviour , need 3 evidenced cases in 3 months. 3 months and 1 day...tooo bad. Neighbours too scared to acts as a witness.... too bad.
I can honestly say I really really really hope you have antisocial tenants move in next to you, I be you shift before the landlord for the place next door can evict them.
Then there is the fact a tenant can pass the property onto someone else with the landlord not having a lot of rights to say no.
antonknee:
I would ask you though, how often do tenants assault their landlords? I'm not aware of this being a number one pressing issue facing landlords and tenants up and down the country, but perhaps I'm just out of the loop.
It's probably more common than you realise. Tenancy Tribunal rulings are in the public domain, and if you go to the online database you don't have to look very hard at all to find examples of tenants assaulting landlords.
sir1963:
No, its not just police involvement, it is ONLY if they press charges.
"Sorry sir, he and his girlfriend deny that they assaulted you, there is insufficient evidence to press charges"
Of course - one requires evidence for charges to go ahead. Police don't exist to mediate arguments, and one is innocent until proven guilty in this country. I still think this is fair. As someone who has extensive involvement with the Police I can assure you that "the perp said he didn't do it" is not a valid reason for charges not to be pressed.
Antisocial behaviour , need 3 evidenced cases in 3 months. 3 months and 1 day...tooo bad. Neighbours too scared to acts as a witness.... too bad.
Not seeing a problem with this really.
I can honestly say I really really really hope you have antisocial tenants move in next to you, I be you shift before the landlord for the place next door can evict them.
I just really love your attitude towards a fellow GZer 🙄.... For the record I have actually lived next to some pretty antisocial tenants and owner-occupiers. Here's how I dealt with it - spoke to them first, called noise control, called Police when necessary.
Then there is the fact a tenant can pass the property onto someone else with the landlord not having a lot of rights to say no.
Didn't say I agreed to every single law change... although I'm not opposed to it on the face of things. If the other person has moved in properly and is on the tenancy agreement (which they should be when they move in officially - let's be honest), what's the harm? Yes there will be circumstances where this can go wrong.
alasta:
antonknee:
I would ask you though, how often do tenants assault their landlords? I'm not aware of this being a number one pressing issue facing landlords and tenants up and down the country, but perhaps I'm just out of the loop.
It's probably more common than you realise. Tenancy Tribunal rulings are in the public domain, and if you go to the online database you don't have to look very hard at all to find examples of tenants assaulting landlords.
Oh I'm quite certain it happens and not just once in a blue moon. But I would say if a tenancy has ended up at Tribunal then clearly something has already gone wrong and it's self-selecting for the worst cases. I would also say that there are ~600000 renters in NZ, the number assaulting their landlords cannot be a huge proportion of that.
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