Wairarapa Property Investors' Association
Landlords say money would be better spent on something elseThe government used the housing announcements of March 23 as its main avenue for legislation relating to rental properties. Still, it has, however, set aside $80 million in the Budget for the Bond Centre, Tenancy Tribunal, and Healthy Homes initiatives.
21-05-2021 more >>
Government rejects first home buyers, tenants and rental providersThe First Home Buyers Club, Tenants Protection Canterbury and the NZ Property Investors Federation have presented a letter to Government requesting them to reconsider removing mortgage interest costs on rental properties.
12-05-2021 more >>
Officials against rental property interest deductibility removalNewly released information shows that in addition to Inland Revenue and Treasury, officials from the Ministry of Housing and Urban Development were unanimous in advising the Government against removing rental property mortgage interest as a tax deduction. This opposition is also supported by economists, the general public and even tenant groups who are also stating that the policy will lead to rent rises.
04-05-2021 more >>