Wellington City Council has announced it will be introducing a voluntary Warrant of Fitness (WOF) scheme for rental properties but landlord advocates don’t support the scheme.
New government data revealing that renting remains more affordable than buying a first home means the country’s tenant pool is not likely to dry up.
A lack of liquidity in the Auckland housing market is getting in the way of the “everyday business” of buying and selling houses, one broker says.
This three double bedroom brick and tile 140m2 home has been totally transformed into a real beauty by its owners, with very spacious living and neutral décor throughout. There is so much to love about...
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There is no point in panicking over the significantly cooler housing market – it’s all just part...
The Reserve Bank’s debt-to-income ratio (DTIs) proposals are flawed and would have perverse outcomes...
When you think about property success, you often think about big cities and million-dollar houses. But...
A dramatic decline in sales around New Zealand has prompted the Real Institute of New Zealand (REINZ)...
Ask an expert
CGT for trading only
“If I was to partner with someone to form a property trading company (pay tax on profit), then will the rental properties I bought before under my own name be subject to tax on capital gain? All the properties I hold have been held for more than two years and I would like to keep them separate from the trading company. ...”
Our expert Nick Ashford responds »
Valid tenancy agreement?
“I was looking to rent a property but dealing with the property manager has really put us off the place. We were offered the property to which I responded with a request to review the property again before any agreements or documents were signed. We were rudely declined and they persisted with urging us to sign and pay the...”
Our expert Allan Galloway responds »
Woolston investment dilemma
“I have a rental property in Woolston. It is an old state house that was built in 1960. It needs some work done to it to get it completed which we can't afford to do as the bank won't lend us any money because of our LVR which is 84.19%. The house is in a Trust as well so I can't negatively gear it. I've...”
Our expert Kris Pedersen responds »
See also: Residental Dwelling Sales statistics »