Consultation on proposed RTA changes

[Keys]

Follow your nose here:

[Perry]

Noted that the number of current bonds is a lot fewer that the supposed number of private rentals, said to be a tad under 600,000 at the end of 2017. So does that mean about half of private rental landlords do not lodge bonds? Bit of a disconnect there.

Perhaps many do not charge / collect a bond?

[Perry]

Lies, damned lies and political spin.

Are any of the brain-dead media reporting on this trend?

Is there any way in which this anecdotal down-sizing of the residential rental pool can be accurately measured and reported on?

Here are some figures:

589,000 rentals
1,603,011 tenants

https://www.tvnz.co.nz/one-news/new-zealand/new-renting-proposals-good-move-but-causing-renter-landlord-divide

Let's see what they are in 12 months time.

I expect the number of rentals to decrease while the number of tenants remains the same.

12 months later and where are we at?
Especially given Peter's recent post.

My guess is that Bob was spot on with that one.

Of course, the muddle-headed socialist morons will never admit that their 'policies' (socio-communist ideology) have failed. That would be a bitter pill too far. Especially for the Shaw-as-eggs watermelon party.

[artemis]

Written Question 32044 (2019). Simon O'Connor to the Housing (Associate Minister (Public Housing) - Kris Faafoi) (11 Sep 2019): What are the timeframes, if any, for the Residential Tenancies Reforms?

Hon Kris Faafoi (Housing (Associate Minister (Public Housing) - Kris Faafoi)) replied: This work is progressing well, with timelines to be finalised shortly.

[Perry]

The Twofaced Two-Facedness of Two Reds Faces

Or should that be Two Faeces?

As for the blind-leading-the-blind at the drone house, seems the Assinine Min of 10,000 affordable-houses-a-year uses the same muddy crystal ball ("Just a scenario - not going to happen") that Dhil Twitford so infamously and fatuously quoted from, not so long ago.

Landlords looking to sell up over proposed changes to rental rules (see appended quote, below)
20 Dec 2019

Associate Housing Minister Kris Faafoi says the numbers don't suggest an exodus of landlords from the market. "If some landlords choose to leave the market, they could be selling the property to another landlord, or to someone purchasing a home," he says. "In either case, this has a close to neutral effect on the country's housing stock."

Faafoi says CoreLogic figures show the percentage of residential property transferred to multiple property owners actually increased by 1.9 per cent between February 2018 and August 2019, and the number of active rental bonds recorded by MBIE increased 2.4 per cent between May 2018 and October 2019.

Between May 2018 and October 2019!!?? What a load of speculative, lies, damned lies and political-spin, non-statistical crap!

Take this bit from a past post.

Media: LLs are selling up (in greater numbers than in the past?)
Dhil: LLs are still buying the same amount. (avoids any reference to the actual posit re LLs selling)
Dhil: therefore there's no change in LL activity.

Successful strawman logical fallacy - most everyone suckered! Especially the brain-dead media.

Keep an eye on Artemis' post and the follow-on, in the year ahead.

[Perry]

Say It Isn't So, Ethel

Landlords say new rental rules could have unexpected consequences
20 Dec 2019

New Zealand landlords say there could be unexpected consequences from proposed changes to the country's rental laws. The changes have been described as giving more power back to tenants but landlords are warning it could mean some will just give up.

Tut, tut. Who'd've thought it?

But, relax.

It's just a scenario - one the W'gton woodenheads are going to assume won't happen.

Oh, that's right - it already is.

Bugger.

[Perry]

Landlady trying to save for retirement says investors have it hard too
9 Jan 2020

Pam Hamilton says she's not a rich landlord trying to cash in. Instead, she's a single mother trying to get sorted for retirement – but she's been left out of pocket by bad tenants. "The changes to the law have screwed us [LLs] over big time."

[Perry]

No! No! It Can't Be So!!

Landlords say new rental rules could have unexpected consequences
20 Dec 2019

Tut, tut. Who'd've thought it? But, relax. It's just a scenario saith Dhil Twitford - one that he and the socio-commie W'gton woodenheads are not going to assume will happen. Oh, that's right - it already is. Bugger.

Rents up again as limited stock puts pressure on [tenants]
15 Jan 2020

Tenants can expect another year of rent rises. The latest Statistics NZ data shows that rental prices were up 3.4 per cent year-on-year in December.

Recall Dhil Twitford and the "not going to happen" mumblings of an incoherent, fantasyland (10,000 affordable-houses-a-year) socio-commie baboon.

[Perry]

Ministry of Spendthrift Dilettantes (MSD)

A fascinating if (brain-dead media) obscured insight into the largely-hidden-from-taxpayers costs of residential-rental engineering by the current crop of socio-commie clowns in the W'gton drone house.

Motel charges premium for emergency housing
6 Jan 2020

At long last MSD has updated OIA requests. Responses up to November 2019 are on-line and always make for interesting reading. For instance payments made to the Olive Tree Motel for emergency housing. MSD clients are granted an amount which is paid directly to the motel.

Given the likely scumbag status of the occupants, one can understand why there's a premium.

All up, the Government has spent more than $125 million on emergency housing in two years, and costs are only expected to increase.

[Perry]

Scapegoats For Labour's Broken and Failed Kiwibuild Disaster / Promise



Submit and vote against radical tenancy changes

New Zealand's 290,000 rental property owners should resist radical changes to the Residential Tenancies Act both by submission and by vote in this year's election, Tenancies War spokesman Mike Butler said today.

The current government has the despicable habit of treating some groups of New Zealanders as pariahs. Rental property owners join gun owners and farmers as groups scapegoated for political gain, Mr Butler said.

The main changes that the Government wants are to:

• Remove a rental property owner's contractual right to end a tenancy. Currently this may be done by issuing a 90-day notice that requires no reason to be stated.
• Extend the current 21 days rent arrears as grounds to end a tenancy to at least 90 days.
• Allow two instances of anti-social behaviour every 90 days with the third such instance being grounds to apply to the Tenancy Tribunal to end the tenancy but only 28 days after the third notice has been given.
• Nullify any clause in a tenancy agreement prohibiting assignment of the tenancy by a tenant.
• Mandate that fixed-term tenancy agreements must become periodic tenancy agreements upon expiry unless both parties agree otherwise.
• Allow for identifying details to be blacked out in Tenancy Tribunal applications where a party has been successful.
• Ensure that tenants can add minor changes that can be removed at the end of the tenancy and the property restored to its original condition.
• Prohibit the solicitation of rental bids by landlords.
• Limit rent increases to once every 12 months.
• Require owners to permit and facilitate the installation of ultra-fast broadband.

The Government thinks it can allay concerns by allowing an owner to ask the Tenancy Tribunal to end a tenancy if the tenant has been behind in rent or there were instances of anti-social behaviour on three occasions within 90 days.

It is unclear whether an owner must wait 90 days before approaching the tribunal for help over three weeks of unpaid rent or for the resolution of anti-social behaviour that could have occurred in the first month of a tenancy.

"The fact that social housing providers, which includes the Government as the main provider, have exemptions shows that those who drafted this bill know that the changes are unworkable," Mr Butler said.

"Nearly all 75 clauses have been amended by adding a financial penalty and pointer to the table of penalties and fees," Mr Butler said.

Only 14 of the 64 unlawful act penalties listed are for failures by tenants. None of the 23 infringements are actions by tenants. This shows a heavy bias against property owners, Mr Butler said.

For instance, there is no penalty for failure to pay rent which is the issue that takes up 72 percent of Tenancy Tribunal time.

The biggest penalty is $7200 for any owner failing to meet obligations in respect of cleanliness, maintenance, smoke alarms, the healthy homes standards, or buildings, health, and safety requirements. There is no obligation on tenants for cleanliness or safety.

While all rental property owners are targeted, the bill singles out those with six or more properties, regards properties owned related parties as the targeted owner's properties, and doubles the penalties for any infringements by this group.

Will the changes encourage more to provide properties for rent? Probably not. Will some sell? Probably. Will there be fewer rental properties? Probably. Will rents continue to increase? Yes.

"A raft of anti-landlord measures by the current government has turned a housing shortage into a crisis and these proposed changes to law will embed the crisis for years," Mr Butler said.

The bill may be read here.

Submissions close at midnight on March 25. Go here to make your submission.

If this bill passes into law, you could show your disgust by voting against those political parties that support this heavily ideological and biased piece of legislation, Mr Butler said.

Labour, Greens and NZ First supported the bill through the first reading on February 20.

Stop the War on Tenancies is a group that - since October 2018 - has been highlighting the evidence that successive governments have ignored while creating problematic rental property policy.

---

Contact:
Mike Butler 27-277 7295
[email protected]

[PC]

Landlords Recoiling from Regulation

NZ population is now increasing at 14 people for every new rental property, up from 4 people between 2000-2012 (The black line in the chart below). Landlords are no longer creating enough rental properties to house the growing number of people in New Zealand. That includes Kainga Ora (Housing NZ).

http://listings.jonette.co.nz/posts/landlords-leaving.html?utm_source=Jonette+Property+Stats&utm_campaign=3c6b0566bc-EMAIL_CAMPAIGN_1_7_2019_15_54_COPY_01&utm_medium=email&utm_term=0_403648e8a2-3c6b0566bc-587747757

The laws being railroaded through are unbelievable. Where does such nonsense come from? Darkest Russia?
Another disaster for LLs & tenants.

[artemis]

I'm inclining to the view that Minister Faafoi's proposals in his Bill are largely going to fail. There has been a lot of publicity and most of it is anti. That also happened with the CGT, and Lo! There was a Captain's Call.

This time it might be a cabin boy's squeak from Minister Faafoi.

And in any case there is a lot more to come from Judith Collins on these and earlier changes. She will not be taking prisoners.

[Perry]

I Hope You're Right.

Judith Collins will not be taking prisoners.

Execution at dawn will be entirely appropriate for many of the socio-commie-klowns parasitising NZ's productive economy.

[Perry]

OMG - Someone Noticed Rents Going Up!

National says cutting red tape will bolster businesses
9 Mar 2020

National says its "regulations bonfire" will support businesses facing the threat of Covid-19. And it planned to start with heating regulations for rental homes, rental laws, changes to the Overseas Investment Act, and rules governing music teachers.

At the announcement of the first of its five-part economic plan on Monday morning, National leader Simon Bridges said the party would repeal Labour's proposed reforms to the Residential Tenancy Act, which included limiting rent increases every 12 months, allowing pets on a property without the LL's permission and rules allowing modifications to be made without the LL's permission.

"When you add on the cost and compliance and the ability to prosecute landlords all we've seen what happen is rents go up and up and up. "We want to clear that away. We want less red tape and regulations for LLs."

[artemis]

'The first regulations National says it will scrap:

Rental standards prescribing heating output on qualifying heaters
Rental standards prescribing the location of heaters to be supplied by the landlord
Rental regulations which replicate or expand on standards already in the Building Code
Rules - yet to be introduced - which make it difficult to remove problematic tenants
Provisions - yet to be introduced - restricting landlords to only raise rents every 12 months
Provisions - yet to be introduced - giving Government Departments powers to inspect rental properties
Provisions - yet to be introduced - allowing tenants to add minor fittings and improvements to rental properties without landlord permission'

Oh, and the Music Teachers Act. Who knew?

https://www.rnz.co.nz/news/political/411273/rental-regulations-among-first-national-would-scrap-bridges-says