Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Masterton Rents Set to Rise under Labour

Masterton Rents Set to Rise under Labour

ACT’s Wairarapa candidate Roger Greenslade has expressed concern at Labours announced changes around rentals and the negative impact it will have on renters in places like Masterton.

“Labours proposed changes to remove negative gearing, banning letting fees, restricting how landlords can rent their properties and introducing a capital gains tax will only make it harder to find a home to rent and drive the average rent price even higher.”

Roger has previously worked as a Real Estate agent in Masterton, is a past President of the Wairarapa Property Investor Association and is a current landlord. He has seen the effects of previous interventions in the property investment market.

“When the Reserve Bank brought in the higher LVR for rental properties there was a noticeable decline in properties sold to investors in Masterton. As a result, more properties were being purchased by first home buyers, however the demand for rentals has not decrease. This has resulted in a shortage of homes available to rent and the median rent for a three-bedroom home in Masterton rising from about $270 per week to $310 per week over the past two years.”

“Property Investors perform an important role in providing rental homes in the economy. We need to be encouraging investors to purchase more homes to rent rather than introducing policies and taxes that will discourage investors.”

“Labour in true form is targeting the productivity of hard working individuals by appealing to the masses while hitting out at the investors that are incorrectly labelled the problem.”


ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Election Day Results


2017 General Election - Preliminary Count

National won 46% of the vote with Labour on 35.8%.

NZ First won 7.5%, with the Greens on 5.8%.

ACT held on to Epsom, but failed to get more MPs.

The Maori Party were wiped out of Parliament.

There are still special votes to be counted, but clearly National is in the box seat to form the next Government.

The Greens can not contemplate a deal with National.

So, Winston Peters will have to make a choice and could back National or a combined Labour/Green coalition.

The most likely result is National and NZ First will reach some sort of deal to form the next government.


Election Night Results

Advance Voting Statistics

General Election Information: Voters - Who, When And Where

 
 

From The Hood: The Campaign Strategist’s Lament

"This election is a chance to really work the record of what nine years of National-led government has done to improve the country for everyone. Or will do. Another three years, maybe six. Thirty-three years, tops. You don’t want to risk that, do you? More>>

PSA Report: National Gets An ‘F’ For Health Funding

"Seeing National’s record on health collected in one place is quite sobering - it’s clear that underfunding is having dire consequences on both patients and staff, who are having to do more than ever with less," says Glenn Barclay, PSA national secretary. More>>

ALSO:

Children With Disabilities: Education Crisis Unaddressed

In 2008 IHC lodged its complaint against the on-going failure of New Zealand Governments and the Ministry of Education to ensure that disabled children access a quality education on an equal basis to others in New Zealand schools. More>>

Gordon Campbell: Ten Reasons For Not Voting National

if anyone you know is thinking of voting National in Saturday’s election, there’s still time for an intervention. You owe it to your friends and relations to intercede. Because there’s plenty of evidence on National’s mediocre-to-awful track record over its nine years in power. We can’t afford another three years of drift. More>>

ALSO:

Suffrage Day: PSA National Secretaries Vote For Equal Pay

PSA national secretaries Erin Polaczuk and Glenn Barclay are advance voting for the 2017 election alongside their daughters, with equal pay and fairness in mind on the 124th anniversary of women’s suffrage in New Zealand. More>>

ALSO:

Charge Protests: Dairy Farms Use Same Amount Of Water As 60 Million People

Using Dairy NZ numbers, economist Peter Fraser and agricultural consultant Dr Alison Dewes calculate the water consumption of New Zealand dairy farms is equivalent to the residential use of 60 million people. More>>

ALSO:

Greenpeace: Labour, Greens Commit To Canterbury Democracy

Labour MP Megan Woods is promising to return Canterbury’s regional council, ECan, to a democratically elected council. It follows a mass day-long occupation of the ECan building by local water activists calling for the restoration of democracy and urgent action to save rivers. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election
 
 
 
  • PublicAddress
  • Pundit
  • Kiwiblog
More RSS News Alerts