Almost twelve months on from the formation of the Government, the changes around tenancy reform in New Zealand are coming thick and fast. Make no mistake, change is coming and particularly around the security of tenure. A case I dealt with recently highlights why tenants need more security.
Last week I received a call from a Property Manager last week asking for some guidance. The situation arose after a tenant was given 90 days notice to end the tenancy.
Let me explain the scenario for you that many of you reading this will probably relate to this story.
Never before has our industry come under such intense scrutiny as it has right now. Whether it be tenant groups, politicians, the media or the oppressive Tenancy Compliance and Investigation Team, everyone wants to attack Property Managers. In fairness, we seem to be giving them plenty of ammunition and the latest faux pas by a Wellington-based Property Management company was embarrassingly distasteful. One wonders what they must have been thinking?
With all the negative publicity and an increasingly vocal call from all parties to regulate our industry, it is now a case of when the regulation of our industry will happen rather than if.
Real iQ’s vision for the Property Management Industry
During Christmas of 2015, after surviving my first year in business, I sat down and wrote down a plan as to how I saw the future of Property Management and what type of role I wanted to play in the industry. It was at this point I decided to develop a Training Business to support Property Managers throughout the country. I simply wanted to make a positive impact on the industry that had given me so much pleasure and satisfaction. I had seen too many Property Managers in offices up and down the country struggle with a lack of resources, training and support. I truly believed that I could make a difference.
On Wednesday the 11th of July, Renters United launched their 'Plan to Fix Renting' and it grabbed plenty of media attention. This small group of volunteers have certainly been successful in drawing plenty of attention to themselves and whether you are a tenant or a landlord, you have to hand it to them they are extremely well run and have some prominent public figures backing their cause.
At the launch, they had Philippa Howden-Chapman of Rental Warrant of Fitness fame presenting and supporting them. They also had Sam Huggard of New Zealand Council of Trade Union presenting and Labour MP for Rongotai Paul Eagle was present as well.
In August 2014 two-year-old Emma Lita-Bourne died after suffering a brain haemorrhage. The story made the news the following winter after a coroner reported that the condition of the property had contributed to the little girl’s death. The property was contaminated and it wasn’t methamphetamine.
Instead, dampness and mould had played a significant contributing factor into the death of young Emma according to the coroner. It was a story that highlighted the sorry state of many rental properties around New Zealand and in particular, Housing New Zealand.
As winter approaches, few will dispute that the majority of rental property in New Zealand is not good enough. Thousands of tenants up and down the country live in cold, damp property that makes a mockery of our global clean green image.
Late last year a bill was passed through Parliament that will literally change the face the housing in New Zealand forever, yet many people are unaware as to the true impact of this legislation and the cost of compliance.
We explore the best options for dealing with the Letting Fee ban
Labour signal that there will be radical changes to the Residential Tenancies Act
We have been warning you now for nearly two years that this was coming and now the day of reckoning is nearly upon us. The new Residential Tenancies (Prohibiting Letting Fees) Amendment Bill is now at the Select Committee stage with public submissions on the bill open until the 23rd May. Expect this to be law by Christmas with a further three months before the fee is banned completely.
Property Management Industry Under Scrutiny After Media Attention
Well Being of Property Managers Must Be Number One Priority
Never before has the Property Management industry come under such scrutiny. We have seen the industry attacked from all angles, whether it be Tenant groups, Consumer groups or the media in general. Unfortunately, some of the negative commentaries have been justified, highlighting issues around professionalism and integrity.
Rent roll values could fall as Labour policies bite
Industry survey shows concern around new Government
Imagine a country were nobody is homeless. Imagine a country where nobody has any social issues such as drug addiction or alcohol abuse. Imagine a country where every kid goes to school with shoes on their feet after eating a breakfast and then come home to a loving family where they get a warm healthy meal every evening.
At last! Someone with power and influence has the guts to come out say what we have been arguing for a long, long time. The 'moral panic' caused by certain Meth testing companies was instigated to make a quick dollar according to new Housing Minister Phil Twyford. Here at Real iQ, we wholeheartedly agree.
Back in early 2016, we held a webinar highlighting the alarming amount of companies being set up to carry out Meth testing, warning that the industry was nothing more than a money making scam.