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It's well past time that LLs stopped passively accepting all the crap thrown at them by the current crop of socio-commie-clowns in the drone house and their media sycophants. Or any other W'gton woodenheads, for that matter.
We know what is squeezing the life out of the rental market
I found this article on Stuff - a summary of why the rental property market in NZ is drying up. Being at the coal face we know why it's a tight market and is set to get tighter yet. So what's in the article:
Really? Are speculators Landlords? They buy and sell - or buy,...
I'm writing a piece for Property Investor on unconsented building works after the whole Vic Inglis rent-refund-reversal case. I'm talking to MBIE and the councils and lawyers, but thought there might be an investor out there who'd had a problem with this and found a solution or work-around to make the...
I genuinely wasn't expecting any change to the Investor LVR restrictions, but they're dropping required deposits from 40% to 35%, as well as making more significant changes for the FHBs, with greater allowance for over-80% loans.
An interesting read in NZH re. property sales decline by 30% and it's affecting first time buyers and investors needing loans. 1000 less investors who needed loans purchased a property in April/May this year compared to the same time in 2016 - and 480 less homes were purchased...