This is a story that is really a property managers wet dream wishful thinking wrapped up as news, Auckland rent increases unavoidable – expert but it reveals something that is distinctly nasty.
Barfoot and Thompson director Kiri Barfoot said they regularly reviewed rent prices.
They were in the business of pushing up rental prices for the landlords, Ms Barfoot said.
“Maybe we’re more proactive than someone who looks after [properties] themselves and just wants to get tenants in and doesn’t realise they can [increase rents].”
She said the 4.6 per cent increase in rent in the Auckland area was “modest”.
So Barfoot and Thompson are constantly hounding their clients and playing to their greed to artificially ramp up rent prices? The Free Market at it’s most pathologically ruthless.
We seem to have a system that only benefits those renting the property out. The ability to constantly push up rents due to desperation only entrenches the poverty of those locked into renting get caught on.
Our communities need diversity. State Housing and housing affordability for the poor needs to be seen as a civic obligation, not a slum lord pay day.
Families who can put down roots into their communities is essential for those communities to thrive, if the entire structure of the free market rental environment is built for property speculators, is it any wonder inequality is such a wound on our GDP?
Long term low rent accommodation is the solution, allowing the corporate greed monsters of Barfoot and Thompson to just graze on the fields of inequality while those with little get pushed to the fringes is not a solution.
The Government’s changes to the RMA are to just allow their developer mates to go crazy with urban sprawl. Because it’s the subdividing middle classes who have to deal with the RMA most, it’s their sense of grievance that drives the animosity to it. Those communities impacted by the moves have too little a voice in the media to counter this narrative.
The outcry to the zero tolerance speed ticket campaign is a case in point when regulation dares to tell the middle classes what the parameters are.
Renters are marginalised enough as it is, their rights need enshrining by a Political movement. The problem is that those very same subdividing middle classes get the only illusion of wealth from their over inflated property valuations and any attempt to give renters more rights would be met with a Kim Dotcom media feeding frenzy kind of response.