Tenants win $4k payout, landlord warned

Tenants paying $1200/week for an executive property in an affluent Auckland suburb won $4000 and a reprimand for their absentee, offshore landlord about obligations under New Zealand law. The Tenancy Tribunal awarded St Johns tenant Aaron Ballard $4020.44 for many problems at the home which property records show is owned by Yunzhang Zou and is Read more about Tenants win $4k payout, landlord warned[…]

Property market forecast: What the experts expect

By Lawrence Watt There is hesitation in the New Zealand housing market. Some of it is fuelled by legislative changes, such as the extension to the bright-line test and the foreign buyer ban. And some of it is fuelled by events in Australia, where house values have dropped 10 per cent and major financial institutions Read more about Property market forecast: What the experts expect[…]

The pitfalls of renting out your home over the summer

By Tim Grafton Summer’s arrived and a good number of Kiwis will either be on holiday at baches, family homes and campgrounds around the country or looking forward to heading there soon. And for many of those taking a holiday away from their house, the idea of renting it out for the break on a Read more about The pitfalls of renting out your home over the summer[…]

War on tenancies should stop

Life for rental property owners may become tougher as Labour’s newbie Housing Minister Phil Twyford tries to “make life better for renters”, Stop the War on Tenancies founder Mike Butler warns. The current raft of proposed tenancy reforms comes on top of what is essentially a 10-year war against the owners of rental property. Concerns Read more about War on tenancies should stop[…]

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