- How will giving away Housing NZ create more houses?
- Aren’t you privatising social housing?
- In Germany tenants are expected to fit out the entire house, how will that help low-income households?
- If you remove the incentive for landlords to own rental properties won’t this lead to a housing shortage?
- Won’t this make rentals more expensive?
- What impact will this policy have on house prices?
- Would such a policy be retrospective (will existing tenant be covered)?
- Will the new system cost more or less to administer than the current system?
- What court/authority will rule on disputes?
- If long term tenants improve a property by redecoration etc will they get that money back?
- How will sub tenants be treated and protected under this system.
- Who will set and enforce standards (warrant of fitness) for rental properties?
- How will rental prices be controlled without government regulation?
- What about accommodation for transient residents like students?
- Under what circumstances will landlords be able to evict tenants?
The only thing holding back the expansion of community housing providers under the current model is lack of equity. With the Housing NZ stock in their possession they would have land and the equity they need to develop it further. They would be able to do this far quicker than Housing NZ. Instead of selling houses as Housing NZ are doing we would expect the community housing sector to develop a mixed portfolio of rentals – including affordable market priced rentals.
No, we are following in the footsteps of many other countries that have a proud tradition of housing associations run by voluntary or community providers. These have proven to provide a better service to tenants than state owned operators.
In Germany tenants are expected to fit out the entire house, how will that help low-income households?
This is an element of the German housing culture, but is not part of our policy. Landlords will still be able to let properties with a range of chattels, as long as certain basics are available.
If you remove the incentive for landlords to own rental properties won’t this lead to a housing shortage?
It might under the current tax system. But combined with TOP’s tax reform policy this will see an increase in rental accommodation as property owners look to get a return on their investment to pay their tax bill.
The major driver of house prices and rentals is land prices. Under TOP’s tax policy the increase in land prices will end. From that point, if landlords want to increase their return on their rental they will have to invest in making the rental better.
No, it would be illegal to implement policies retrospectively
It will be the same as the current system, just that the specifications will be higher.
If they want money back, it would be up to them to make an arrangement with their landlord.
Rental prices are still allowed to respond to the market price, but with a price break. If rents increase by more than a certain percentage in a year (without an agreement with the tenants, e.g. if the property is being improved) the tenant could complain to the Tenancy Tribunal.
In certain areas short-term rentals will be possible, but they will not be the norm. Regardless, if renters choose to leave a tenancy (e.g. if they finish study and move city) they can still give notice as they currently do.
Non-payment of rent or damage to the property.