New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
This is the property and economic update for March 2017
From next month, Accessible Properties will take over 1138 social houses and tenancies owned by Housing New Zealand. “This is the first regional, large-scale transfer of Government-owned social houses to a community housing provider. They are a major plank of our plan to improve social housing,” says Social Housing Minister Amy Adams.
A statement by Reserve Bank Governor Graeme Wheeler
Building and Construction Minister Dr Nick Smith has welcomed the Ministry of Business Innovation and Employment’s (MBIE) Tenancy Compliance and Investigations Team’s first successful prosecution of a landlord for renting a substandard property, under the Government’s tenancy law reform passed last year.
If you are not a member of a local Property Investors' Association, read on and tell us what you would like as a member by taking our survey. If you are already a member, send this item on to a friend who is a property investor but not a member.
What you need to know about insuring your investment property.
Statistics New Zealand this week released updated projections of population growth for NZ regions and local authority areas out to 2043. Almost all areas have seen improvements on the back of higher net immigration flows, but still there are 17 areas where population decline is projected. We republish their tables so people looking at the regions and perhaps investing outside the main centres can have realistic views on how much future demand for housing there may be.
This Housing Confidence report has been prepared by Kim Mundy, ASB economist
In a speech to Massey University and the Auckland Chamber of Commerce, Steven Joyce says at a time when many parts of the world face significant political and economic risks, the outlook for New Zealand is positive. Businesses are investing, job growth is solid and wages are rising faster than inflation.
Statement by Reserve Bank Governor Graeme Wheeler
The current Health and Safety legislation imposes requirements on the landlords of rental property.
An advocacy group Renters United is worried the TINZ tenant checking system could be abused. TINZ allows landlords to rate tenants at the end of their tenancy and see how other landlords have rated applicants.
“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.
For the last few years we have been inundated with media articles and opinion pieces on how we have a housing crisis and that the young are doomed to be tenants for life.
The draft NZ Standard for meth is now open for public consultation. Submissions close on 20 February 2017.
Prime Minister Bill English has today announced his new Cabinet line-up which builds on the success of the last eight years and provides new ideas and energy heading into election year.
This year has been quite a tough one for our industry, at least politically. The Reserve Bank has made financing rentals much harder, the courts have made us pay for our tenants damage and meth has continued to take off and act like a grenade being thrown around threatening to blow up our investments.
Just a few days ago I marked the anniversary of my eighth year as Prime Minister and my tenth as leader of the National Party. Such an occasion seems a fitting time to not only take stock of the past 10 years, but to look forward.
A new social housing complex of 120 apartments is to be built on surplus Crown land and an adjoining Housing New Zealand site in Auckland in partnership with local iwi, Ministers Paula Bennett and Nick Smith have announced.
Andrew King reports on the NZPIF has had meetings with Housing Minister Dr Nick Smith and outlines all the discussion which is going on behind the scenes.
The much anticipated report on acceptable levels of meth contamination was released recently by the Ministry of Health. The main finding of the report is that the current levels of acceptable meth contamination are to be amended.
A technical investigation into the performance of buildings such as Statistics House at CentrePort will be undertaken to help inform improved building regulation, Building and Housing Minister Dr Nick Smith says.
Statement by Reserve Bank Governor Graeme Wheeler:
More emergency housing places, more support for tenants and more frontline staff have been funded in the next step in the Government’s comprehensive housing plan.
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