Oh for the love of the living risen Christ.
Are.
You.
Fucking.
Joking.
Clownboy?
Government slammed as ‘most anti-landlord in history’ despite rising house prices
A high-profile property expert has claimed Jacinda Ardern is leading “the most anti-landlord Government probably in the history of our nation”.
Ashley Church’s comments come as new data shows house prices are continuing to rise, despite earlier predictions the COVID-19 pandemic and economic crunch would see them crash.
“I don’t know whether it’s deliberate or whether it’s just something they’re doing out of naivety, but when you look at the combined impact of some of the policies they’ve introduced over the last two or three years, there’s some pretty scary stuff on the horizon when it comes to supply, and that supply has a knock-on effect on rental prices,” Church told The AM Show on Monday.
Church is the former head of the Property Institute of New Zealand and the Auckland Property Investors Association, and these days provides commentary on real estate matters.
…oh come on!
Labour is the most anti-Landlord Government???
IF ONLY!
Jacinda ruled out a capital gains tax and has done nothing meaningful to tackle the housing crisis BECAUSE the power of Landlords stops them!
Thank the little baby Jesus that the pandemic will stomp on Landlords the exact same way it’s stomping on those who exploit migrant workers, exploit international students and promote the hyper tourism that gridlocks our infrastructure.
The returning Kiwi Diaspora will continue to buy the top end houses so all those middle class property speculators won’t lose any of the precious untaxed values but the lack of international students and migrant workers to exploit (while building more state houses) will force the slumlord market to reform itself or flood the housing market with sales.
I love listening to Landlords scream the same way I love listening to the hyper tourism promoters scream as much as I love listening to those who exploit migrant workers and international students scream.
All I would say to our greedy scum Landlords is please, as economic conditions finally pay you back for your parasitic existence, thrash around more.
We like it when you struggle.
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They probably yearn for the good old days when landlords could do what they like, charge what they like, and tell tenants who to vote for.
I used to live in NYC. I was surprised how landlord friendly-right wing the NZ housing policy was when I moved here 25 years ago. NYC landlords were not allowed to raise our rents more than the official CPI inflation rate. They could not throw us out when selling the building. They had to provide heat at a minimum of 20 degrees C six months of the year …under threat of a fine of up to $1500 (NZD) per day. The NY real estate market thrived.
And guess what, only 21,800 of apartments are rent controlled as at 2017
down from 51,300 in 2007
out total of 2.8 million apartments!!!
Rent control means less apartmenst available.
Does take a mathemetician/economist to tell you that would happen in NZ if rents controlled.
PS. I was a residential landlord in 1982-84 when rent freezes were put in place….Yep. Guess what.
Sold them off. and that was Muldoon. But at least he froze wages at the same time
You are confusing “rent control” with “rent stabilization” and other forms of regulation (including heat regulation). In 2017 nearly 60% (after years of neoliberal mayors) still had some form of rent regulation. All had heat regulation. https://en.wikipedia.org/wiki/Rent_control_in_New_York#cite_note-29
Who runs this country? The government or the property investors association!? Seems like the latter JA’s government is national Lite and has rejected a CGT.
Mark Richardson used his position on the anti Government / pro National TV3 Breakfast show to adamantly claim the Government HATES landlords and that’s is why he’s no longer a landlord. It’s no secret that Richardson has ambitions of being the leader of the National Party and PM. How is it possible in an election campaign to have this person using and abusing the breakfast TV platform to wage a misinformation campaign against his despised enemy? This is clearly Richardson yet again running interference against the Government on behalf of the National Party.
Meanwhile, a portrait of Ardern with the word AROHA on it has been torn down around the country after National complained it was “electioneering”
An ill informed opinionated rant & comments from people who’ve apparently never been landlords. Because they’d always prefer the State stole more tax to pay for other peoples housing charity while ensuring the toothless Tenancy Tribunal actively prevents other people from exercising their private property rights… perhaps you should put say $500000 of your own money into feeling people are better housed & see how you feel then.
Thankfully we saw all this coming & sold all our rental properties a decade ago to improve our own livestyle after 20 years of improving tenants std of living.
Ashley was also a former candidate for the National Party in Napier.
You have to realise that 80% of the Herald’s revenue is from property-related advertising. News articles showing that Auckland property prices are over-valued or will should drop have been vetoed by successive editors under pressure from real estate agents.
So much of Auckland’s economy is now dedicated to property speculation that any downturn could have a devastating impact. The speculation is built around the myth that there is a housing crisis.
If every builder finished their current project and did not commence another, there would be a housing surplus, not a shortage. But that won’t happen. Simple math: if every person buying a new home sells their current one, then real estate agents collect commission on two sales.
Dr Robert Schiller won a Nobel Prize in Economics for his work on ‘Irrational Exuberance”, about what triggered the Global Financial Crisis. In response, New Zealand simply elected a banker as a Prime Minister, increased immigration, kept interest rates low, increased government debt, and continued as usual like there was nothing wrong with our property industry.
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