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Chipping away at property rights

22/11/2019

Homepaddock

Associate Housing Minister Kris Faafoi has announced changes aimed at protecting tenants:

  • limiting rent increases to once every 12 months and banning the solicitation of rental bids by landlords
  • improving tenants’ security by removing a landlord’s right to use no-cause terminations to end a periodic tenancy agreement
  • making rental properties safer and more liveable by letting tenants add minor fittings such as brackets to secure furniture against earthquake risk, to baby-proof the property, install visual fire alarms and doorbells, and hang pictures
  • improving compliance with the law by increasing financial penalties and introducing new tools to take direct action against parties who are not meeting their obligations. . .

What looks like gains for tenants add costs and difficulties for landlords.

Every change Labour has made so far in this area has restricted supply and pushed up rents,” said National Party leader Simon Bridges. “These changes will be no…

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