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Labour 'policy to make life better for renters'

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  • Labour 'policy to make life better for renters'

    According to Audrey Young in the Herald, plan is to make it harder to terminate tenancies if property is being sold. We await the announcement with interest.


    http://www.nzherald.co.nz/nz/news/ar...ectid=11916127

  • #2
    If this gets in before the insulation deadline it could create some good fun for all those LL's hoping to flip their rentals without insulation.

    Can't kick out the tenant in time, new onwers wanting vacant possession, tenants taking LL to TT for insulation....

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    • #3
      Here it is...

      http://www.nzherald.co.nz/nz/news/ar...ectid=11916281
      Free online Property Investment Course from iFindProperty, a residential investment property agency.

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      • #4
        The last 2 sentences are good:
        Gang members on a benefit who could not explain expensive assets would have their welfare cancelled.

        A new criminal charge would be created for contaminating rental properties through drug manufacturing.
        Don't see how they relate to the other changes though.
        Squadly dinky do!

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        • #5
          Eliminating letting fees will hurt a lot of PM businesses. They will need to up their fees or charge the owner... which will increase rents. Again.
          Free online Property Investment Course from iFindProperty, a residential investment property agency.

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          • #6
            Originally posted by Nick G View Post
            Eliminating letting fees will hurt a lot of PM businesses. They will need to up their fees or charge the owner... which will increase rents. Again.
            Yep, these things always hurt the end user, in this case the renter.

            Funny how the socialists never seem to cotton on to this.
            Squadly dinky do!

            Comment


            • #7
              As a landlord I would not agree to double bond in exchange for tenant making minor alterations and reinstating the original at the end of the tenancy. I foresee any number of hassles, arguments and TT cases with that. Where is the benefit to the landlord of collecting 8 weeks bond? I can see none.

              The policies, if implemented, will have one or two unintended consequences.

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              • #8
                Agree Artemis, I also don't like this one:
                "and require the formula for rental increases to be specified in the rental agreement"

                Comment


                • #9
                  According to Radio NZ today VUW law lecturer Mark Bennett, under Labour's policy, fixed term tenancies will be able to be terminated at the end of the term without (additional) cause.

                  He also said that periodic tenancies could be terminated with 90 days notice as long as 'some kind of reason is given'.

                  Although he may be correct on both counts under current law, seems unlikely that would be acceptable to Labour in terms of their policy.

                  http://www.radionz.co.nz/audio/playe...o_id=201857174

                  Comment


                  • #10
                    Originally posted by artemis View Post
                    Although he may be correct on both counts under current law, seems unlikely that would be acceptable to Labour in terms of their policy.
                    Where did you get that idea? Straight from the horses mouth she said under Labor's policy LL's could not give 90 days notice without reason. She gave no indication that there would be any additional limitations to those reasons. Any breach of the TA would be sufficient grounds.

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                    • #11
                      Originally posted by Learning View Post
                      Where did you get that idea? Straight from the horses mouth she said under Labor's policy LL's could not give 90 days notice without reason. She gave no indication that there would be any additional limitations to those reasons. Any breach of the TA would be sufficient grounds.
                      The law lecturer was the one that referred to 'some kind of reason'.

                      One reason might be that the owner wants to move in. The tenant would not be in breach of the TA in that case. So could the landlord give 90 days notice for that reason?

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                      • #12
                        Originally posted by artemis View Post
                        The law lecturer was the one that referred to 'some kind of reason'.

                        One reason might be that the owner wants to move in. The tenant would not be in breach of the TA in that case. So could the landlord give 90 days notice for that reason?
                        Yep, 90 days notice "if LL wants or needs tenant to move on". Time code 0.47 seconds into the video.
                        http://www.nzherald.co.nz/nz/news/ar...ectid=11916281
                        Last edited by Learning; 04-09-2017, 12:12 PM.

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                        • #13
                          Sugaring the Pill

                          The reality of the headline is wrong - of course. It should really read thus:
                          Labour 'policy to make life harder for landladies'

                          Just look at these glossy lies which the star-stuck-dumb media never think to question:
                          Arden said cold, damp homes were also a huge problem. "It's vital we improve the quality of rentals so our children no longer get sick or die from living in cold, damp and mouldy houses. "These measures will help stop our kids getting sick and dying of preventable diseases that have no place in a country like New Zealand."
                          LLs are now going to be required to pay the heating and cooling costs of rentals?

                          "We're going to fix this. We want our rental system to be fair, and take away stress for both tenants, and landlords." She said landlords should also feel secure knowing that their property is in good hands. "If a tenancy agreement is breached, landlords should be able to access the tenancy tribunal and have action taken straight away." Labour would make sure the tribunal was resourced to act quickly. The plan would also look at ways to allow longer term fixed tenancies.
                          "action straight away" does not provide any sort of resolution at all, such as getting rental arrears.

                          It has pledged to increase from two years to five years the so-called "brightline" test that triggers capital gains tax on investment properties, and is planning to get rid of negative gearing, which allows property investors to offset their other income against losses on rental properties for tax purposes.
                          If this is true . . .
                          "Labour is committed to restoring the Kiwi dream of owning your own place" . . . then why all the fuss, other than to bribe current disgruntled renters who can't afford to heat their home because of government stealth tax dividends on electricity suppliers?

                          Oh. That's right. It's the LLs' fault.

                          Vote socialist-control Labour at your peril.
                          Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

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                          • #14
                            From what I can see nothing concrete to benefit anyone. Obvious issue is the letting fee which would simply passed onto the tenant via higher rent as we have seen with the insulation requirement& pre tenancy meth test.

                            Comment


                            • #15
                              Originally posted by Perry View Post
                              The reality of the headline is wrong - of course. It should really read thus:
                              Labour 'policy to make life harder for landladies'
                              .........................

                              Vote socialist-control Labour at your peril.
                              Agreed . Much as I loathe National , i will most probably vote for them in order to keep Labour out.

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