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.
It is hard to know where to start in a year where property and in particular the renting, has featured so much in the limelight. In our final blog of 2017, we will summarize on what we believe is the good, the bad and of course, downright ugly.
The list we provide comes in no particular order and is purely our opinion, however, we would love to hear your feedback on what has been without a doubt, an intriguing year. First of all, lets keep it positive and start with the good.
First of all, let me start by stating that this is not an article beating up the people who have designed and implemented the Rental Warrant of Fitness. The intentions of these people are good and they are thinking of the most vulnerable of citizens within New Zealand. I also genuinely applaud the Wellington City Council for trying to get this off the ground.
Who would have thought six weeks ago that we were facing the prospect of a change of government?
Lifeless Labour were limping to an election defeat with its worst poll rating in modern history and prospect of a Labour lead government seemed like a huge improbability. Then all of a sudden, Andrew Little resigns and Jacindamania was born
In 2016 we conducted our first Property Management Survey with over 300 people responding. This year we want to make it even bigger with more in-depth analysis about the industry that we love. Everybody who completes the survey goes into a draw to win a $200 Prezzie Card. The survey takes approximately 10 minutes to complete.