Be the 1st to hear about new developments

Assured Property Investments Assured Property Investments
  1. Current Listings
  2. Past Developments
  3. News & Guides
  4. Customer Stories
  5. Community Involvement
  6. The Property Development Club
  7. About Us
  8. Contact
07 823 2525
Author John Kenel13 July 202007 Jul 2020

Economy

Select Committee green lights tenancy law reforms

The Social Services and Community Select Committee has elected to progress the proposal to remove a landlord’s right to use “no cause” 90-day terminations to end a periodic tenancy agreement.

It has also given the green light to the proposal which requires that fixed-term tenancy agreements become periodic tenancy agreements upon expiry unless both parties agree otherwise.

These new regulations will significantly reduce the rights of rental property owners.

It’s not a major problem for landlords in some ways, as there is so much rental demand that they can wait for ‘perfect tenants’.

The problem is more about the increase in central government control and the loss of property owners rights. The saying “it’s a free country” has never been further from the truth.

Like many other central government’s misguided initiatives, it’s the tax payer who will be hit most, in this case to pay for more so called ’emergency housing’, which is really just housing for undesirable tenants.

The do-gooders in Wellington still haven’t been able to make the link between the decrease in landlords rights and the increase in ’emergency housing’.  It’s actually very simple.  Make it hard kick out bad tenants and landlords will look very closely at who they put into their property to start with.  These new regulations mean that a whole new tier of tenants will now come under close scrutiny by landlords and many will end up in motels as opposed to good quality rental housing.  The increasing rental crises is 100% on the central government politburo, not on landlords.

Rents will continue to increase and so will the number of people living in ’emergency housing’.

John Kenel
Assured Property

Good Returns.co.nz

#assuredproperty #housing #rentals #propertyinvestment

Author John Kenel13 July 202007 Jul 2020
  • Facebook
  • Twitter

More news

Author John Kenel14 July 202507 Jul 2025

NZ Property Market Update

NZ Property 2025: Rising Costs, Stalled Growth… But the Smart Move is...

Read more

Author John Kenel11 July 2025

OCR Held at 3.25%

The Reserve Bank held the OCR at 3.25%. But they should have...

Read more

Author John Kenel8 July 202507 Jul 2025

Shortage Coming

Why a shortage is coming, despite all the listings.      ...

Read more

Featured properties

Home

sold

3 bedroom duplex

Brand new quality homes

Bedrooms 3
Bathrooms 1
Garage Single1 garage

Townhouse

sold

2 & 3 bed townhouses

City Living on River Ridge, Hamilton

Bedrooms 3
Bathrooms 2
Garage Single1 garage

Townhouse

sold

2, 3 & 4 Bedroom Townhouses

Townhouses on Te Rapa

Bedrooms 3
Bathrooms 3
Carparks 2

Assured Newsletter

Be first to know about
new developments

free

new

The Hamilton Property Guide

2024 issue edited by John Kenel, Assured Property

View here
  • Home
  • Current Listings
  • Past Developments
  • News & Guides
  • Customer Stories
  • Community Involvement
  • About Us
  • Contact
  • Privacy Policy
  • Facebook
  • Twitter
  • LinkedIn

Visit

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

Contact

info@assuredproperty.co.nz 07 823 2525

© 2025 Assured Property Investments. 

Site by Brontë + Benek