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  1. #151
    Join Date
    Mar 2016
    Posts
    491

    Default

    Quote Originally Posted by propertyfinder View Post
    Rental shortage: surely this is only because of immigration. If the borders are closed then immigration should stop. It might swing the other way, that there are plenty of rentals or too many rentals. Homes that are now Air BnBs for tourism will be put on the normal rental market. Foreign students, particularly Asians, won't be coming to study in Auckland. What will happen to Auckland's apartment buildings (do any Kiwis live in them??). As the Baby Boomer generation starts dying (if NZ doesn't succeed in stamping out the virus then this could happen in large numbers) and their houses are vacant then all of this indicates to me there could be plenty of available housing.

    If many jobs are lost, people run out of money and companies go out of business, especially if the lockdown carries on longer than a month, it would make it really hard to find tenants that can pay the rent, making any rental properties you have worthless if they can't produce an income.
    Seriously I have a lazy 200k doing nothing..wanna sell?...message me.

  2. #152
    Join Date
    Mar 2016
    Posts
    491

    Default

    Quote Originally Posted by propertyfinder View Post
    Rental shortage: surely this is only because of immigration. If the borders are closed then immigration should stop. It might swing the other way, that there are plenty of rentals or too many rentals. Homes that are now Air BnBs for tourism will be put on the normal rental market. Foreign students, particularly Asians, won't be coming to study in Auckland. What will happen to Auckland's apartment buildings (do any Kiwis live in them??). As the Baby Boomer generation starts dying (if NZ doesn't succeed in stamping out the virus then this could happen in large numbers) and their houses are vacant then all of this indicates to me there could be plenty of available housing.

    If many jobs are lost, people run out of money and companies go out of business, especially if the lockdown carries on longer than a month, it would make it really hard to find tenants that can pay the rent, making any rental properties you have worthless if they can't produce an income.
    This clip is dedicated to my new favorite property forum friend..This is for you propertyfinder!

    https://youtu.be/SJUhlRoBL8M

  3. #153
    Join Date
    Jun 2004
    Posts
    10,631

    Default

    Quote Originally Posted by propertyfinder View Post
    Rental shortage: surely this is only because of immigration.
    Not only but they certainly didn't help.

  4. #154
    Join Date
    Jan 2012
    Posts
    1,142

    Default

    When the rest of the world see how well we handled the situation, compared with the rest of the world, thousands of immigrants will want to make NZ their permanent home once the borders are reopened.

  5. #155
    Join Date
    Oct 2007
    Posts
    371

    Default

    Im curious to know whether the last few weeks of migration flows have resulted in nett population gains or losses to nz. Can someone provide some figure on this?

  6. #156
    Join Date
    Sep 2011
    Location
    Dunedin
    Posts
    1,750

    Default

    if they bring in a couple of "experts" can they still moan about 9 years of neglect

  7. #157
    Join Date
    Nov 2006
    Location
    Cyberspace
    Posts
    5,894

    Default

    Quote Originally Posted by jimO View Post
    if they bring in a couple of "experts" can they still moan about 9 years of neglect
    Absolutely everything for the next decade or two will be blamed on the pandemic. No worries there mate.

  8. #158
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    15,487

    Default Curiously Questionable Article

    Double-rent unaffordable, tenants say they have no option but to move
    3 April 2020

    Quote Originally Posted by Stuff
    But Jennifer Sykes, manager of information and education, housing and tenancy services, at the Ministry of Business, Innovation and Employment, said that Landlords are encouraged to be flexible during these difficult times. An option that tenants and landlords in this kind of situation may want to consider is reducing rent temporarily. The Residential Tenancies Act allows parties to a tenancy to agree that the tenant can pay a lower rent temporarily. This could be for a specific time period or until a specific event occurs.

    Once that time is up, the rent is reinstated at its earlier amount. As the reinstatement of rent is not a rent increase for the purposes of the Act, it would not be caught by the rent increase freeze in the legislation just brought in. Landlords and tenants are encouraged to talk to each other, work together and take care of each other wherever possible. If parties cannot work together to plan a move within the rules set by the alert system, then the move must not take place. Try to come to an arrangement that suits everyone."

    Sharon Cullwick, executive officer of the New Zealand Property Investors' Federation said she had heard of people who had to pay double rent. Cullwick said that it makes it really difficult for both the tenant and the landlord, as we know that 90 per cent of landlords only own one rental property and are probably also facing uncertainty about their job and how they can pay the bills. It is best for both parties to communicate and work out something between them that results in a win/win for both parties.
    After the inflexible and implacable example of the general denigration and vilification of LLs by the current socio-commie gummint, I wonder if Ms Sykes choked as she suggested that:

    "LLs are encouraged to be flexible"

    "tenants and LLs work together and take care of each other"

    "LLs and tenants come to an arrangement that suits everyone."

    An atypical response from socio-commies. I.e. . . .

    Do as we say: not as we do.

    When did the current crop of woodenheads proceed with legislation on the basis of "an arrangement that suits everyone?" Or "working together and taking care of each other?" (Viz. Tenants, LLs and the gummint.) Far Gone Boy - please take note. After you beat up LLs, it's beyond shameful and disgraceful that you then ask for lenience, kindliness and generosity from them. (I hope there's a very special hot place reserved for hypocrites like you!)

    The brazen gall and temerity of these two-faced shyster-politicians and their hapless flunkies (like Sykes) is beyond belief. (Well, maybe not, given they're a socio-commie gummint.)

    Why Sharon did not point out the blatant hypocrisy of it all escapes me.

    Oh, that's right: mustn't piss off the legislators in power or they won't talk to us.
    Last edited by Perry; 04-04-2020 at 05:19 AM. Reason: fixed typo
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  9. #159
    Join Date
    Jan 2014
    Posts
    1,035

    Default

    Quote Originally Posted by donna View Post
    Tried and trusted Bill English and Steven Joyce are supporting the lockdown 'but' believe more needs to be done to ease the pain for small business. If it's okay to visit the supermarket and dairy - why not the butcher or bakery? Plus why are online businesses not allowed to trade? See here for more

    My 10 cents worth. The current Gov't needs help easing NZ back to work and as it's unprecedented times they should bring English and Joyce in as advisors better to have them on the inner cycle and using their expertise (sadly lacking in current Gov't) than have them picking holes in the Gov't handling of the crisis.

    What do you think?

    cheers,

    Donna
    Exactly, why aren't construction back already, its just a total scam-demic.
    "Remember, people will judge you by your actions,not your intentions.You may have a heart of gold -but so does a hard-boiled egg".

  10. #160
    Join Date
    Feb 2015
    Posts
    415

    Default

    Quote Originally Posted by propertyfinder View Post
    rental shortage: Surely this is only because of immigration. If the borders are closed then immigration should stop. It might swing the other way, that there are plenty of rentals or too many rentals. Homes that are now air bnbs for tourism will be put on the normal rental market. Foreign students, particularly asians, won't be coming to study in auckland. What will happen to auckland's apartment buildings (do any kiwis live in them??). As the baby boomer generation starts dying (if nz doesn't succeed in stamping out the virus then this could happen in large numbers) and their houses are vacant then all of this indicates to me there could be plenty of available housing.

    If many jobs are lost, people run out of money and companies go out of business, especially if the lockdown carries on longer than a month, it would make it really hard to find tenants that can pay the rent, making any rental properties you have worthless if they can't produce an income.
    you should change your name to iamadreamer


 

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