Greens’ renters policy ‘attacks landlords’ – ACT
The ACT Party has hit out at a freshly-announced Green Party “renters rights” policy, saying it “attacks landlords” and “paints them as bad people”.
Are you kidding me?
1 – Fuck the Landlords
2 – The war on tenants by Landlords was already declared by ACT and National!
There is an unspoken promise between the neoliberal State and the untaxed capital gains private landlord class that the neoliberal State never builds enough State Houses to alleviate housing desperation so that the untaxed capital gains private landlord class can exploit that housing desperation ON TOP OF getting a $1.5Billion annual subsidy in the form of the Accommodation Allowance EVERY SINGLE YEAR!
So the neoliberal State work hand in glove with the interests of the untaxed capital gains private landlord class to constantly keep desperation in the Housing market by never building enough State Houses WHILE handing taxpayer funded subsidies to the untaxed capital gains private landlord class!
This rigged casino where Landlords can constantly use their own debt to buy more property and out leverage first time home buyers just adds insult to injury.
On top of this, ACT and National want to give that same untaxed capital gains private landlord class the power to evict you at will so they can kick out the smelly domestic renters and exploit the new 100000 migrant workers coming into the country! ACT and National want remove all the healthy home and environmental regulations and put back in place the tax loopholes that benefit the untaxed capital gains private landlord class.
On top of this, the Real Estate pimps are donating hundreds of thousands of dollars to the Right and are dangling the promise of house prices jumping 20% if National and ACT win.
The Housing Crisis is a political decision and you as renters should be incandescent with motherfucking rage at how this has been allowed to continue and when ACT claim basic rent rise freezes are a ‘war on landlords’ when the Landlords started the war is an outrageous smear on renters!
Fuck. The. Landlords.
Smile when they scream and freeze those fucking rentals!
Stick it to your Landlord this election Comrades.
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Interesting response from the head of the property investors. There’s nothing like having a warm dry kūmara over your head at this time of the year.
The real estate developers have certainly had it far too good for too long (and recall that it was the near-zero-cost corporate loans under Z.I.R.P. that created that situation).
But the problem with rent control is that you are actually discouraging private investment in new housing. Reversing the relentless, five-decade collapse in real wages would be more effective — particularly when the new homes currently being constructed are all of such poor quality.
Industry may still refuse to build fast enough. Returning to mass construction of new public housing estates, both on green-field sites and as part of a resumption of slum clearance schemes, is likely the only way out of the home shortage itself.
Unfortunately Labour has given the electorate far far more reasons to vote for ACT than a handfull of unpalatable policy.
Unfortunately that’s true, except it’s the Greens idea. In politics when you push too hard without thinking you will always get pushback, this will be the political norm for the foreseeable future – shove and counter shove, no consensus.
Unless you are renting and talking what percentage of your income? That would be a hell of a lot more important than someone in detention getting shit food. FFS
This is the fine print for ACTs tax cut. They want you to give that to their donors, whoops, I mean your landlords
It’s a fact that some landlords are not providing accomodation that is fit for purpose. Given this fact and the shortage of available accomodation, regulation and policing are the only solution. Surely good landlords have nothing to fear from reasonable regulation. Unfortunately the cost of policing will ultimately fall onto the renters.
Exactly Peter. Brooke ‘Van You can’t handle the truth’ is being so disingenuous with her “attack” bs that she should be ashamed. Sure it’s unfortunate that you have an idiot like Davidson anywhere near fronting these ideas because it becomes 100% about the messenger. Then you have all the threats. Go on then sell off all your rental properties, may be someone else could buy them and not have to rent. Oh but the brightline test might mean you have to pay tax. Join the f’ing club.
If you do that, you will further reduce the supply of rental accommodation, pushing rents higher.
Essentially our problem is that the rent paid is high relative to the quality of accommodation on offer, and renters cannot afford to pay more. If they could, landlords would offer a higher quality product (again, of course, at a higher price).
I’ve done this in Wellington, because renters in this market can on average pay more than in other markets. More yuppies/corporates/political types on decent incomes renting than you’d expect in Auckland/Christchurch etc…
But fundamentally people are paying high rents because land prices are high. If you lower land prices (by enabling enough land to meet demand for housing) then rents charged to achieve a return on land will fall. All else equal, as incomes have not moved in this scenario, landlords will produce higher quality housing so rents overall do not move.
I know understanding economics is treated equivalent to being a flat earther on this site, and tbh this probably won’t get past the mods because it makes too much sense, but there it is. It’s all about willingness to pay.
The State has the resource to blow the private housing sector out of the water if it really wanted too…it just won’t. It’s as simple as that.
Oh well thank you for gracing us with your knowledge. We’re not worthy.
Does “rent high relative to quality of accommodation” translate to a f’ing rip off in the vernacular of mere mortals? You’ve basically said landlords can rip people off because they can get away with it.
Having existing housing stock gobbled up by fewer and fewer landowners doesn’t help.
Landlording: the one business where we don’t question – “if you can’t afford to sell a safe product/service it’s unfair if we make you because you might not be able to afford to sell that product anymore”. If NZ society has decided that it is ok for a large percentage of it’s people to be renting permanently (and not just that crap one you live in for a year or two while you were at Uni) then we need to make these homes safe and stable – for the good of all society.
NZ society never decided that it is ok for a large percentage of it’s people to be renting permanently.
Baby boomers watched their share club parents get destroyed in 1987. Then they had Don Brash and the Real Estate spruikers telling them ad nauseum that the baby boom population blip meant there would not be a big enough youth population to support their pension requirements. So a mom & pop rental or two became a wise option. Then the National party started selling million-dollar visas to people who wanted a CCP bolthole in an Auckland suburb, people who in their home country could not practise “landlordism”. At the same time that this competition grew between the new landlords, Roger and Ruthless pulled the plug on the cheap Housing Corp loans that had in the past given first-home buyers an ability to compete with landlords. NZ society never “decided” to become a nation of renters or that we should live in a banker’s paradise.
I agree with you, it was political decisions that were made by successive governments that caused this to happen ( and I can tell you, I never voted for it!) but it has happened that there ARE now a large percentage of people who are in a permanent rental cycle and we can’t just carry on with rental laws that were made for the days when the majority of people just had few years of renting before they settled down. And we can’t let people and communities wait for indefinite years while the polies give us jam tomorrow, no jam today solutions for the home buying reality we now live in.
A read of the Greens rental plan shows how out of touch with reality they are .If they get into power in a 3 way split with Labour and TPM the country will suffer and unfortunately the poor will be so much worst off as the wealthy stop spending and hid their money .
That crystal ball of yours needs a polish. It’s smeared ideologically.
Classic socialism: Impose regulations that causes inflation in the rental market, then propose more regulation banning inflation. The outcome is authoritarianism.
References:
Cuba
Venezuela
USSR
etc
Classic capitalism. ‘I am making money so you can all get f’d.’ Anything to stop people f’ing over others is authoritarianism.
What a ridiculously simplistic argument. Is the UK socialist? Canada? They a WOF for rentals
Andrew knows fuck all about Socialism. Other than parroting American Fox News
I thought landlords were always mainly bad people. They are considerate, fair, peeps in a place like Switzerland, where everybody rents. Because proper standards and checks and balances are in place. Unfortunately you can not rely on the moral judgement of a landlord, when profit is king before people.
The brutal way to sort this is to scrap the housing supplement benefit.
It supposedly makes expensive rent “affordable” for the tenant.
But what is actually happening here?
The tax payer provides funds to the tenant who pays it to the landlord who in turn hands it on to the Australian bank in interest, they then take off shore as profit. A great outcome?
The housing supplement actually enables the landlord to charge a higher rent than the market (tenant) can actually pay.
Remove it and yes there will wails of pain for a bit . But a new balance would come to pass with in months of lower rents lower house prices and a true balance of market would result.
Will this occur ? no it wont. So the landlord / tenant issues expressed will only continue to continue
Yes, the accommodation supplement inflates rents. The only way to stop that kind of inflation is a rent freeze then pull the subsidy. When Labour stopped the smp subsidies to farmers it was tough but most of the farmers survived.
Or make the subsidy transparent, paid directly to the beneficiary landlord. Then next time David Seymour is in government he can benebash and move to an ‘efficient’ rental market.
Yes Jase some landlords do an appalling job, on maintenance and mould and then have the gall to put the rent up. They create a bad name for the proactive good landlords.
Mortica, are they going to up date the Adams, family re run.
ACT want to give landlords the right to demand 20-30% increases in rents. I personally do not think this is fair.
By the way, you could completley deregulate rental proprties in this country, and you would still have homelessness, and people would stll be hit with high rents.
To be honest, I really think putting people who cannot find anywhere to live in motels is way better than nothing.
I’d even go as far to say allow motel owners to rent out there units. Then let’s see how happy landlords are to sit on unrented properties. Let’s see what happens then.
I’d even go as far to say allow motel owners to rent out there units. Then let’s see how happy landlords are to sit on unrented properties. Let’s see what happens then.
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