Last year a swathe of new rental reforms were passed into law. This week, a number of those finally come into effect. So what can you expect? What’s all this? The Residential Tenancies Amendment Act 2020 delivered one of the most significant updates to our rental regulations in years. While some of those changes are … Read more
Summer reissue: a review of Rat King Landlord, the new novel by activist and satirist Murdoch Stephens, by Josie Adams, who lives with a rat. First published 16 August 2020. Independent journalism depends on you. Help us stay curious in 2021. The Spinoff’s journalism is funded by its members – click here to learn more … Read more
Summer reissue: Homeownership has long been touted as the great Kiwi dream, but not everyone’s looking for a permanent fix. Jihee Junn explores the rising phenomenon of renters by choice. First published February 25, 2020. Even if I had a hundred grand sitting in the bank for me to spend right now, I’m not sure … Read more
Landlords are often denounced as wealthy, cost-cutting investors by the tenants who rent their houses. However, as Ayla Miller writes, it’s not as simple when you’re suddenly handed the keys as an owner. Inheriting a house at 27, when I never dreamt of home ownership, almost seemed like a waste. There were so many other … Read more
If you read articles in the Spinoff and elsewhere you might imagine and thought that the Property Investors’ Federation are heartless landlords only thinking of themselves – let me offer you a different perspective, writes Andrew King. In recent weeks I’ve had the misfortune of seeing my name in headlines suggesting that I have “urged” … Read more
The region is known to lack many of the advantages of central and north Auckland suburbs, yet properties command rents as high as the likes of Mt Albert and Ōnehunga. So how do landlords get away with charging so much, Justin Latif asks. If you write the words “is South Auckland” into Google, the first … Read more
A review of Rat King Landlord, the new novel by activist and satirist Murdoch Stephens, by Josie Adams, who lives with a rat. This is the first book I have finished in four years. The last book I read was Sisterhood of Dune, because I am no longer capable of entering new literary universes and … Read more
Parliament has just passed a new law that will leave renters with a sense of relief. But many landlords aren’t too pleased. What’s all this then? The Residential Tenancies Amendment Bill passed under urgency this evening. It amends existing law around renting to increase rights for tenants. According to associate housing minister Kris Faafoi, who’s … Read more
Homeownership has long been touted as the great Kiwi dream, but not everyone’s looking for a permanent fix. Jihee Junn explores the rising phenomenon of renters by choice. Even if I had a hundred grand sitting in the bank for me to spend right now, I’m not sure buying a house would be my first … Read more
Wellingtonians claim that securing sought-after rental properties is becoming a battle royale. Are they over-reacting, or is the shortage of places to live real? Horror stories of even well paid young professionals going into battle to find themselves a home in Wellington’s cut-throat rental market keep hitting the headlines. It now costs an average $550 … Read more
Young Millennials and Gen-Zers are the first generation to have had KiwiSaver accounts for their entire working lives. Many aren’t worried about becoming homeowners, so why is it important they stick with the investment scheme? My first job was waitressing part-time at a Mexican restaurant with my best friend Mollie. She’s a lot smarter than … Read more
Good morning and welcome to The Bulletin. In today’s edition: Doubts emerge about Auckland port move, NZDF leaves death-causing material behind in Afghanistan, and laws around renting to be shaken up. Over the last week, the ramifications of moving most of the operations of Auckland’s port north to Whangarei have been rumbling around. At the start … Read more
The government has announced a suite of practical changes to the Residential Tenancies Act in its bid to make renting fairer and more secure. Here’s what you need to know. What’s happening? A number of changes to the Residential Tenancies Act (RTA) has just been announced by associate minister of housing Kris Faafoi. The RTA … Read more
It’s landlords who are finding themselves out in the cold as property managers begin to walk away from clients who haven’t insulated their rentals, reports Don Rowe. Two weeks after the first of New Zealand’s healthy homes deadlines, property managers are dropping landlords who refuse to insulate. David Faulkner, director of property management consulting firm … Read more
Don Rowe speaks to the founder of a new chatbot connecting tenants with the rental information they need. In a world where Facebook is culpable in genocides, sham elections and the corrosion of trust in the media, it’s nice to know it can be used for good, too. Rentbot is a new chatbot from Citizen … Read more
Elle Hunt recalls her days renting in New Zealand as a time of suffering and survival. But don’t we deserve better? A case often made in favour of buying a house (as though it were something that you could simply be persuaded into) is that renting is “just throwing money down the drain”. Firstly, that’s … Read more
If your property manager tries to charge you a ridiculous ‘cleaning’ charge when you leave your place, there’s something you can do, writes Sam Grover – and he should know, because he did it. The other week, I saw a story about a property manager named Whittle Knight and Boatwood Estate Agents who took a … Read more
What is your landlord entitled to ask you? According to the Office of the Privacy Commissioner, a lot less than you think, reports Dan Satherley for Newshub. Next time you’re looking at a rental and the property manager asks to see a bank statement, feel free to decline. It’s one of several questions that are … Read more
Flatting comes with a lot of headaches, but none more stressful than a flatmate who owes you rent money. Erin Gourley talked to some students whose flatmates bailed, and found out what your rights are if the same thing happens to you. This story originally appeared in Critic Te Arohi, the Otago University student magazine. … Read more
The landlord who wrote about her disgust at the industry’s ‘negligence and greed’ has sold her rental property. Here she explains why. It’s been two and half years since my husband and I bought our below average rental in its unpopular town, dragged it into the 21st century with a few improvements, and sat back … Read more
An array of government measures including better insulation on rental properties, the end of negative gearing for property investors, and the potential introduction of a capital gains tax may force a mass rental stock sell-off, warns property management consultant David Faulkner. We’ve all seen the headlines. Teachers forced to bunk in with their bosses; over … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Public health pitch in new rental standards, serious concerns raised about Man Up programme, and National puts out new ideas on the environment. A major overhaul in rental standards has been announced, a step towards fulfilling an important campaign promise from the Labour led government. We’ve got … Read more
The government today announced a raft of measures aimed at making rental homes warmer, drier and healthier. If there’s one thing tenants enjoy more than totting up how much of their wages are going to fund an extension to their landlord’s Waiheke holiday home, it’s enumerating all the highly specific ways in which their own … Read more
New environmental taxes get the thumbs up, but commentators are as divided as ever on the thorny issue of a capital gains tax. The report is out, and as expected the government’s Tax Working Group (TWG) has recommended introducing a broad-based capital gains tax (CGT). While the social justice community applauds the move, business groups … Read more
Politicians have been ignoring pleas to control the wild west property management industry for over a decade, including the latest lobbying effort. The housing minister is unmoved by calls from a coalition of 26 organisations to regulate rental property managers. Social change agency Anglican Advocacy is leading a lobby to rein in the uncontrolled property … Read more
The show Renters is a morality play about the sufferings inflicted on landlords by their terrible tenants. Hayden Donnell talks to one of the show’s stars ahead of its seventh season, and tries to convince her to support pro-tenant rental reform. It’s impossible to dislike Pru Morrell. The star of TVNZ’s reality series Renters is … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Teachers to vote on week of rolling strikes, Customs gets power to fine people who don’t give up device passwords, and NZ values call gets bemused response. Primary teacher union members will vote on whether to go on a week of rolling strikes, reports the NZ Herald. Negotiations … Read more
Financial adviser Mike Warrington is warning his clients that investment properties are no longer the great little earners they once were. What does this mean for renters? Rental property investment is progressively being defined by our regulators as a commercial activity and as a result, will be impacted more heavily by future costs. In due … Read more
A landlords’ spokesman’s claim that renters like paying letting fees shows how disgracefully lopsided our rental market has become, argues Madeleine Holden – and how desperately we need tenancy reform. Earlier this week, Stuff ran a story with a headline perfectly crafted to make millennials choke on their avocado toast: “Renters ‘like letting fees’, property … Read more