Assured Property Investments Assured Property Investments
  1. Current Listings
  2. Past Developments
  3. News & Guides
  4. Customer Stories
  5. About Us
  6. Contact
07 823 2525
Author John Kenel4 March 201903 Mar 2019

Economy

John Kenel: Rising Rents – Government Guaranteed

Rents rose 7% in Hamilton last year and we’ll likely see the same again in 2019.

Now that Kiwibuild is a confirmed failure, Twyford is trying something new. The government’s solution to nightmare council processes is to introduce more State Control via a new mega-bureaucracy called the Housing and Urban Development Authority (UDA], which will have the power to cut through red tape. But wait, not for all builders and developers, only for themselves, the UDA.

Instead of fixing the problem all builders and developers face, of long and expensive consenting processes, exorbitant development contributions ($99,000 per section in some parts of Hamilton) and lack of council infrastructure to name a few of things slowing down development and driving up cost. Phil will have the power to build whatever he wants, wherever he wants.

Lookout for hideous socialist housing estates in your town soon as Kiwibuild is pushed aside and Taxcinda starts her state housing building program…

The upside for existing rental property owners is that many builders will be drawn to the seemingly lucrative government building contracts, meaning less (desirable) rental property will be built. Demand will strengthen and Rents for good quality rental property will continue to rise.

You can’t fix the housing shortage by making bigger bureaucracies, it’s only possible through more supply, and that won’t happen anytime soon.

Government policy will extend the housing shortage and drive up rents.

Author John Kenel4 March 201903 Mar 2019
  • Facebook
  • Twitter

More news

Economy

Author John Kenel21 January 202101 Jan 2021

Savers are losers

This is a favourite saying by Robert Kiyosaki and it’s the unfortunate...

Read more

Economy

Author John Kenel18 January 202101 Jan 2021

NZ house prices continue to rise

December stats show that the national median house price has risen to...

Read more

Economy

Author John Kenel11 January 202101 Jan 2021

Biggest tenancy law reform in 35 years: ‘I’ll keep my places empty’

My interview in the NZ Herald today. Tenancy law changes will have...

Read more

Featured properties

Apartment

$0

2 new apartments available!

High Yield – 13 Crescent Court – Waikato Hospital

Bedrooms 1
Bathrooms 1
Carparks 1

Apartment

$0

New apartments next to Waikato Hospital

Very high yields and positive cashflow – must sell!

Bedrooms 1
Bathrooms 1
Carparks 1

Townhouse

sold

2, 3 & 4 Bedroom Townhouses

Studio Homes on Te Rapa – SOLD OUT

Bedrooms 3
Bathrooms 3
Carparks 2

Assured Newsletter

Be first to know about
new developments

free

new

The Hamilton Property Guide

2020 issue edited by John Kenel, Assured Property

Download free
  • Home
  • Current Listings
  • Past Developments
  • News & Guides
  • Customer Stories
  • About Us
  • Contact
  • Facebook
  • Twitter
  • LinkedIn

Visit

63a Alpha Street, Cambridge
Monday - Friday (9am - 5pm)

Contact

info@assuredproperty.co.nz 07 823 2525

© 2021 Assured Property Investments. 

Site by Brontë + Benek