New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
“Recent CoreLogic data shows that flipping or rapid on-selling of houses is not as common as people may believe” says Andrew King, Executive Officer of the NZ Property Investors’ Federation
The New Zealand Property Investors' Federation (NZPIF) rejects accusation made against rental property providers by the Monte Cecilia Housing Trust.
“There are good and bad aspects of the Greens’ Residential Tenancies (Safe and Secure Rentals) Amendment Bill which was selected from the ballot today” says Andrew King, Executive Officer of the NZ Property Investors’ Federation.
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.
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."
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.
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.
“It's great that the 2016 Budget has extended the Healthy Homes Initiative with an extra $18m,” says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF).
Labour has reintroduced their Healthy Homes Bill which would make insulation and heating compulsory in rental properties.
The NZ Property Investors' Federation generally supports the Residential Tenancies Amendment Bill, which introduces minimum standards for residential rental properties.
Community Housing Aotearoa says that insulation is only half the answer in improving rental housing and that you still need to heat the house. "In fact it isn't even half the answer" says NZ Property Investors' Federation Executive Officer, Andrew King
Dolf de Roos was all of these and more. As the keynote speaker of the 2015 NZPIF, he began his first session with the advice “preach what you practise” and then proceeded to outline the variety and depth of his experience – his practise – in property investment. Here are some gems from his very wide ranging presentations during the weekend
Angela Strang is 2015 Landlord of the Year. She is a member of the Southland Property investors’ Association and was presented with this prestigious award at the annual NZ Property Investors’ Federation Conference held in Auckland at the Crowne Plaza on Sunday
Latest Reserve Bank lending data showed that the proportion of lending to investors has risen from 29 percent to 33 per cent over the last year. Following this release, some headlines have read "Investors head first-home buyers", "Auckland is a ‘speculators’ paradise" and” Investors dominate first home buyers".
The NZ Property Investors Federation (NZPIF) believes that the announcements on tenancy conditions are reasonably balanced, ensuring better standards for tenants without causing a reduction in rental property supply or excessive rental price increases.
“The NZ Property Investors’ Federation (NZPIF) has already acted to ensure that smoke alarms are readily available for members to install in their rentals. There is a special purchasing scheme for these alarms on the NZPIF website, “said Andrew King Executive Officer of the NZPIF.
Our members, like many other people, would like to make sure that children such as Emma-Lita, who died in August last year, do not suffer as a result of their living conditions” said Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF)
At ten to five on Friday afternoon, the start of a long weekend holiday, the Reserve Bank chose to announce proposals to increase the cost of borrowing for non-owner occupied residential properties.
Articles and opinions about the current state of the housing market continue to fill the media. NZPIF has been able to increase its profile as a credible commentator on all these issues culminating in 14 interviews on May 13 responding to the Reserve Bank’s announcements
“The NZ Property Investors Federation is comfortable with the Prime Minister’s announcement of a capital gains tax on property sold within two years,” says Andrew King, Executive Officer of the NZ Property Investors’ Federation.
“An educational campaign on property taxation should be funded with some of the extra money to target residential property speculators the IRD may receive in this year’s budget,” says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPI
Tenants should not be living in rentals such as the five selected for a visit last week by a Member of Parliament, “says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF).
Bond Centre figures show that the median rental price for New Zealand in March was $380 per week for March 2015, less than the $420 per week figure reported by Trade Me,” says Andrew King, Executive Officer of the NZ Property Investors’ Federation
“Our members are actively taking steps to ensure their properties are warm and healthy,” said Terry le Grove President of the NZ Property Investors’ Federation (NZPIF).
Reserve Bank has released a consultation document on their proposal to separately classify residential rental property loans from owner occupied residential loans. The NZ Property Investors’ Federation has now examined the consultation document and made a submission on the Reserve Bank’s proposal.
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