Search

Search News Search Questions

News > Commercial > Property problems: Council bylaws best bet in fighting brothels

Commercial

Property problems: Council bylaws best bet in fighting brothels

Q. I am the owner of an investment property and have recently been told by neighbouring shop owners that one of the shops in the block may be turned into a brothel. I am worried that this will negatively affect the value of my property. What can I do?

A. On June 27, 2003, the Prostitution Reform Act came into law. This controversial legislation decriminalised prostitutio

Monday, September 13th 2004

n so that the activities of soliciting, brothel-keeping, procuring for prostitution and living on the earnings of prostitution are now lawful.

Before June 2003 keeping a brothel was an illegal activity and many brothels operated secretly. The Prostitution Reform Act resulted in brothels and sex activities coming out into the open.

Now all laws (including health and safety, tax, property laws) apply to these businesses in the same way as any other lawful business.

Read More - Opens in a new window

Next Article

Property investors refocus on cash flow

Most Read

See more News >

Top Mortgage Rates

SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.85
China Construction Bank 4.85
ICBC 4.85
Kiwibank Special 4.89
ASB Bank 4.89
SBS Bank Special 4.89
TSB Special 4.89
Westpac Special 4.89
Kainga Ora 4.89
AIA - Go Home Loans 4.89
Nelson Building Society 4.93
ICBC 4.95
SBS Bank Special 4.95
China Construction Bank 4.95
Wairarapa Building Society 4.95
TSB Special 4.95
ANZ Special 4.95
ASB Bank 4.95
Kainga Ora 4.95
Westpac Special 4.95
AIA - Go Home Loans 4.95
SBS Bank Special 5.39
Westpac Special 5.39
ICBC 5.39
Co-operative Bank - Owner Occ 5.59
BNZ - Std 5.59
BNZ - Classic 5.59
AIA - Go Home Loans 5.59
ASB Bank 5.59
Kainga Ora 5.69
Kiwibank Special 5.79
ANZ 5.79
SBS Construction lending for FHB 3.94
AIA - Back My Build 4.44
CFML 321 Loans 4.99
Co-operative Bank - Owner Occ 5.95
Co-operative Bank - Standard 5.95
Heartland Bank - Online 5.99
Pepper Money Prime 6.29
Kiwibank - Offset 6.35
Kiwibank 6.35
TSB Special 6.39
Kainga Ora 6.44

Full Rates Table

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.

Landlords
© 2025 Tarawera Publishing Ltd.