The Government is increasing the income and house price caps of the KiwiSaver HomeStart scheme to ensure it meets its objectives of helping New Zealanders buy their first home, Building and Housing Minister Dr Nick Smith says. 01-08-2016 more >>
The Government is investing $9 million over two years in the next steps of its programme to support the most vulnerable New Zealanders’ housing needs, Social Housing Minister Paula Bennett says. 30-07-2016 more >>
You can now come in to Bunnings stores and request a quote to have new insulation installed in your rental properties and homes that will comply with the new laws. It’s that easy! 26-07-2016 more >>
Since the announcement of our partnership, MyRepublic have been inundated with enquiries from members interested in getting fibre at home, at their rental properties for tenants and at the office. 25-07-2016 more >>
Here is a free resource form ANZ that will keep you in touch with the latest developments in the property market - and what may happen in the future. From a quick overview of market trends to in-depth reviews of key issues, the Property Focus is essential reading for anyone interested in the property market. 24-07-2016 more >>
The Reserve Bank has today released a consultation paper proposing changes to loan-to-value restrictions (LVRs) to further mitigate risks to financial stability arising from the current boom in house prices. 19-07-2016 more >>
One of the Reserve Bank's tasks is to keep inflation between 1% and 3%. It appears that the purpose of the LVR tightening is to allow the Reserve Bank to lower interest rates, thereby stimulating the economy and lowering the NZ dollar. 19-07-2016 more >>
Brian Fallow's extraordinary opinion piece against rental property owners demands a reply. His view has been fixed since he became a journalist and there appears to be no way that they will change. However New Zealand deserves to hear the complete story. 15-07-2016 more >>
Last week Labour leader, Andrew Little, said he was announcing new measures that he maintained were aimed at traders and speculators, not investors providing rental accommodation. Labour is proposing to target rental property owners with an extension to the Bright Line Test and by banning negative gearing. 10-07-2016 more >>
When asked by a journalist yesterday if any of Labour’s housing announcements would target investors, Andrew Little clarified that they would target speculators, "those looking to for short term gain in the housing market." 08-07-2016 more >>
The Reserve Bank has stated that housing supply is the real issue in house price increases. However because they cannot influence supply, they are threatening rental property providers with tighter Loan-to-Value Ratios (LVRs) and Limits on Debt-to-Income ratios (DTIs). 07-07-2016 more >>
A key benefit of belonging to a Property Investors’ Association is access to special pricing deals by a number of companies. You can save money on a variety of goods and services that all property investors need, including DIY products, insurance, mortgages, smoke alarms and various subscriptions to data. 07-07-2016 more >>
Following QV's monthly housing report released today, the Prime Minister’s advice to further hinder the provision of rental properties in New Zealand is misguided. 05-07-2016 more >>
The Prime Minister today announced a new $1 billion Housing Infrastructure Fund to accelerate the supply of new housing where it’s needed most, Finance Minister Bill English and Building and Housing Minister Dr Nick Smith say. 03-07-2016 more >>
Over May and June, Andrew King has been interviewed by representatives of the media on a number of occasions. First of all he was asked for comment on the housing aspects of the 2016 Budget. Then the change of the Tenancy law requiring minimum standards for rentals became the hot issue as the end of June approached. 01-07-2016 more >>
Tenancy law changes covering smoke alarms, insulation, enforcement of standards and property abandonment come into effect tomorrow, Building and Housing Minister Dr Nick Smith says 30-06-2016 more >>
Grants of up to $5000 to cover costs involved in moving from Auckland will be available from Monday, 20 June, for eligible people who may want to relocate to other areas of the country but find cost a barrier. 17-06-2016 more >>
A recent CoreLogic report has claimed that 46% of property sales in Auckland over the last month were to investors. This figure was obtained by counting the number of properties bought by people who have an existing home. Apart from investing, there are many other situations where this may occur. 13-06-2016 more >>
Last month I wrote about house prices rising and the calls for more regulation. Unfortunately the calls for more regulation have been heard and the Reserve Bank is looking to introduce loan-to-income restrictions for mortgages. 07-06-2016 more >>
