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  1. #281
    Join Date
    Jun 2004
    Posts
    10,416

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    Quote Originally Posted by Bob Kane View Post
    In this case, the new rules result in a crazy situation.
    You'll need an enormous heat pump in the lounge.
    The heat won't travel into the dining or kitchen areas.
    And that's the conundrum isn't it - theoretically needed but practically doesn't do anything as the heat won't go that far.

  2. #282
    Join Date
    Nov 2007
    Location
    north shore
    Posts
    381

    Default

    Wonder how many people will sell their rentals due to too much hassle over the next lot of requirements.

  3. #283
    Join Date
    Nov 2006
    Location
    Cyberspace
    Posts
    5,794

    Default

    Quote Originally Posted by Wayne View Post
    theoretically needed but practically doesn't do anything
    (wipes drink off screen)

  4. #284
    Join Date
    Jun 2004
    Posts
    10,416

    Default

    Quote Originally Posted by north shore View Post
    Wonder how many people will sell their rentals due to too much hassle over the next lot of requirements.
    not many is my bet - still the best capital making game in town.

  5. #285
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    1,910

    Default

    Quote Originally Posted by north shore View Post
    Wonder how many people will sell their rentals due to too much hassle over the next lot of requirements.
    A few. A lot aren't buying the next one.
    Most of us continue putting rents up.
    Labour are O for awesome in that regard.
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

  6. #286
    Join Date
    May 2004
    Posts
    2,809

    Default

    Quote Originally Posted by PC View Post
    A few. A lot aren't buying the next one.
    Most of us continue putting rents up.
    Labour are O for awesome in that regard.
    Reserve Bank monthly numbers support your first point (their c31 report. Residential bank lending to investors July 2019 $1.1billion. July 2016 $2.1billion. Multiple reasons for sure (LVR change, overseas buyer ban etc) but partly offset by increases in values and less borrowing due to higher LVR.

    So fewer new rentals coming through and some landlords exiting so rental shortages and rent increases are no surprise.

  7. #287

    Default

    It seems I have to provide 4.5kW of heating for the "living" area that is 35sq mt. Without installing two heaters in different areas, I am forced to install a heat pump which will have to be running for some time to retain 18degC in the whole area.
    With no one the speak to about individual situations, you just sit there shaking your head.

  8. #288
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,919

    Default

    And - as always - there's not talk of 'forcing' tenants to heat their rentals, so reducing child hospitalisations, as Dhil Twitford says these 'improvements' are for. (cough, gasp, wheeze, choke, splutter)
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  9. #289
    Join Date
    Nov 2006
    Location
    Cyberspace
    Posts
    5,794

    Default

    Just been told of a special in Christchurch. 5.8kW installed back to back for $2,290.

    Personal rentals are getting this upgrade as some of them need it.

    One tenant will cook. Hey, only $2300 (ish) and that part is sorted.

    Hopefully, more specials will come on board as time progresses. We are presently getting our portfolio audited for compliance to give us a base line to work with in the next couple of years.

  10. #290
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,919

    Default

    You can cook on a heat pump?!
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!


 

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