New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
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.
Last month I wrote about the Reserve Bank releasing a consultation document on their proposal to separately classify residential rental property loans from owner occupied residential loans. The NZPIF have now examined the consultation document and made a submission on the Reserve Banks proposal.
The plight of some regions, and the challenge of doing something to improve their situation, is the key issue raised in the Army’s Social Policy and Parliamentary Unit’s latest report Mixed Fortunes.
Andrew King discusses the issues related to housing
Tauranga and Invercargill have been selected as the first regions for the proposed transfer of Housing New Zealand Corporation (HNZC) houses to registered Community Housing Providers (CHPs), Ministers Bill English and Paula Bennett say.
Sponsored by Ministry of Business Employment and Innovation (MBIE) once more, applications for 2015 Landlord of the Year are now open
“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
Private landlords will be encouraged to consider those in the 65+ age group to be a significant tenant group as the New Zealand population continues to age over the next few decades and home ownership trends change.
The Reserve Bank left the Official Cash Rate unchanged at 3.5 percent on 30 April
Ownership and management of approximately 2800 Housing New Zealand Corporation (HNZC) properties at Tamaki will be transferred to the Tamaki Redevelopment Company (TRC) to encourage regeneration of the area, Finance Minister Bill English and Housing Minister Dr Nick Smith say.
New building consent figures released today by Statistics New Zealand confirm the strong progress being made in increasing housing supply, particularly in Auckland and Christchurch, Building and Housing Minister Dr Nick Smith says.
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
Just before Christmas last year, the NZPIF had a meeting with Reserve Bank officials concerning comments made by the Reserve Bank Governor and their plans to increase the borrowing costs for rental property owners with five or more rental properties.
The latest Massey University Home Affordability Report underlines New Zealand’s “two-track housing experience”, says its author Professor Paul Gallimore from Massey’s School of Economics and Finance.
A new tenancy services website designed to be a one-stop shop for all tenancy-related advice, information and education has been launched today by Building and Housing Minister Dr Nick Smith.
The following is a summary of the political or regulatory news or comment affecting the residential property market.
A law, developed in the 1940s to protect people from living in unhealthy homes, could be used to require landlords to provide housing that is free from dampness, according to researchers from the University of Otago and Victoria University of Wellington.
“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).
The experience of some landlords is that aware tenants are prepared to pay a premium for this reassurance.
The effects of population and credit shocks on housing prices are much more long term than has been previously realised, say Arthur Grimes and Sean Hyland of Motu Economic and Public Policy Research.
There is agreement that security of housing is a basic requirement but there is less agreement about the best way to fill this basic need.
A Tauranga residential property manager is ushering in a new level of professionalism in the rental housing market by guaranteeing the rent for any tenants his company puts into a property.
The Reserve Bank today urged greater attention be given to reducing housing market imbalances that are presenting an increasing risk to financial and economic stability.
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