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  1. I have already had one middle age lady on facebook say her landlord has blamed the lost interest claim as an excuse to raise her rent $87 a week.|
    Scum landlord No 1.

  2. Have an apartment in Ponsonby and were between tenancies. Tried to raise rent another $20 but took a long time to get a tenant. Have had good tenants so happy to keep rents the same for last 18 months. The lies about Garner’s mate having to raise the rents on their 40 houses $135 each to make up for tax on interest is un-educated loser talk – the market dictates rents. Ak CBD has empty apartments because Asian students have not returned. Heard Luxon talk about poor mum and dad landlords/investors being disadvantaged – like all tories and right-wingers, he never mentioned their multi home owning, taxpayer subsidised speculator mates.
    Unfortunately houses (and farms) will never be affordable as long as the land values remain high. Land values increased under National between 2010 and 2016. Need to build on golf courses, Maori land, Crown land with rent to buys.

    1. “The lies about Garner’s mate having to raise the rents on their 40 houses $135 each to make up for tax on interest is un-educated loser talk – the market dictates rents.”

      The rentier is also part of the market, and operates on the supply side. Since removal of interest will increase the rentier’s tax liability it only to be expected that he will try to recover this increase by increasing the rent that he charges his tenant(s). What this teaches us is that any tax paid by the landlord is potentially an additional tax on the tenant; which puts us in mind of the “double taxation” problem which affected dividends prior to the introduction of the imputation credit arrangements.

      Perhaps the way to solve the problems that exist within the residential rental market would be to make rental income tax free.

      ase

      1. PS: Why should the landlord have to pay tax on his rental income when the owner-occupier is not having to pay tax on his imputed rental income (ie the savings he makes from not having to pay rent)?

  3. Its time to bring the town stocks back in for these parasitic scumlords. They have had it all their own way for far too long. I would happily pick fruit and veg if it was to be used to humiliate these traitors. Lets set up stocks in each small town and village starting next week. Lets identify and reclaim ghost homes. Lets bring back fairness to this land. For too long these greedy elites have taken advantage of the underdogs and looked smug doing it because they knew the government had their backs. End it NOW!

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