Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Rental property owners not to blame

Rental property owners not to blame.

Kiwi landlords are not to blame for a decrease in Kiwi home-ownership. Fewer New Zealanders now own their own home for a myriad of reasons, including the cancellation of home ownership accounts and cheaper government loans being removed in the late 1980s.

Local landlords are part of the solution, not the problem. It is becoming clear that Housing New Zealand cannot supply enough rental housing and with so many Kiwis wanting to rent – it is private landlords that provide a valuable service.

Rental property owners are running businesses and therefore are careful to pay reasonable prices rather than above market prices for any additional properties.

Without mum and dad landlords filling this gap – many Kiwis would be stuck. Where should they live while saving for a house deposit? What if they don’t want to buy a home, but rather rent and spend their savings on other items? What if they’re studying and only want to live somewhere for three or four years?

We need to change our attitude towards the landlord-tenant relationship. It is one of mutual benefit. It is a business relationship and both parties have equal rights under the law.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Internet: NZ Govt Lifts Target Speeds For Rural Broadband

The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a key driver for export growth. More>>


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news