Yep, judgmental I am.
Why shouldn't tenants expect a minimum level of insulation in this country. We've built crap housing for decades, totally unsuited to our climate but maybe its time to, oh I don't know lift the standard a tad. Is that really too much to ask? If a landlord's margins are too tight for that well maybe the investment wasn't really economic in the first place.
Maybe Danny is an old guy who refuses to upgrade his properties despite the upcoming changes being well signposted. Maybe it is uneconomic to upgrade them but maybe his strategy to cheap housing in the sticks was a tad…flawed. So he’s on a pension, big deal. Sell up get out of it if you can’t afford to upgrade to a basic standard DESPITE it being on the cards for years. If its uneconomic to upgrade them well maybe they we uneconomic in the first place but it would seem he as happy enough with the cashflow over 25 years to build up a little empire of 14 rentals. However, that being said, from the article in the Herald I found his selling seems to be a response to the proposed RTA changes.
"Danny Boeglin, a former Tairua resident who owns 14 flats, units and rental houses was selling them all when the leases end, after 25 years in the business.“We’ve always looked after people but what the government is doing now is taking the financial freedom away over what we want to do with our money. It’s scary.
No mention of cost of insulating/putting in heat pumps there BTW.
Craig
Why shouldn't tenants expect a minimum level of insulation in this country. We've built crap housing for decades, totally unsuited to our climate but maybe its time to, oh I don't know lift the standard a tad. Is that really too much to ask? If a landlord's margins are too tight for that well maybe the investment wasn't really economic in the first place.
Maybe Danny is an old guy who refuses to upgrade his properties despite the upcoming changes being well signposted. Maybe it is uneconomic to upgrade them but maybe his strategy to cheap housing in the sticks was a tad…flawed. So he’s on a pension, big deal. Sell up get out of it if you can’t afford to upgrade to a basic standard DESPITE it being on the cards for years. If its uneconomic to upgrade them well maybe they we uneconomic in the first place but it would seem he as happy enough with the cashflow over 25 years to build up a little empire of 14 rentals. However, that being said, from the article in the Herald I found his selling seems to be a response to the proposed RTA changes.
"Danny Boeglin, a former Tairua resident who owns 14 flats, units and rental houses was selling them all when the leases end, after 25 years in the business.“We’ve always looked after people but what the government is doing now is taking the financial freedom away over what we want to do with our money. It’s scary.
No mention of cost of insulating/putting in heat pumps there BTW.
Craig
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