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 Kenel22 February 202103 Mar 2021

Economy

Significant Housing Shortage

Housing Minister Megan Woods says “the current gap between housing supply and demand in New Zealand is anywhere between 28,000 and 200,000 homes, based on a range of estimates by banks and property experts”. That’s a pretty wide range.

Dr Woods acknowledged there is a significant housing shortage in New Zealand, which she attributed to the 8.6 percent annual increase in rents across the whole country.

“We know housing supply continues to be an issue, and that’s why we’re looking at a range of additional measures, including in the rental market, such as via build-to-rent, and we’ll have more to say about all of this in the very near future.”

So answer me this. If the government acknowledge there is a shortage and they are concerned about rents rising, then why are they constantly bringing in rules to make it harder for property investors, the Mum and Dad “rental housing providers”?

There is a lot of talk about build-to-rent at the moment. What government mean by this is large corporations, many likely to be foreign owned, coming into to New Zealand and building huge blocks of flats. This is what government want, what they think is good. Why is it better to have large corporations owning rental property rather than Kiwi Mum and Dads? Have you ever tried calling your telephone company with a problem, or your power provider? How long have you been on hold how frustrated did you get? Well, that’s the kind of service tenants can expect from large faceless corporations. They’ll be dealing with bots, instead of local property managers and landlords, many who genuinely care about their tenants.

Why do they think this will be better for tenants?

John Kenel
Assured Property

Source: Newshub

#assuredproperty #housing #rentals #propertyinvestment

Author John Kenel22 February 202103 Mar 2021
  • Facebook
  • Twitter
  • #buying
  • #development-progress
  • #economy
  • #expert-opinion
  • #finances
  • #house prices
  • #housing
  • #housing market
  • #interest rates
  • #mortgage
  • #property
  • #property-investors

More news

Economy

Author John Kenel21 June 202206 Jun 2022

Should you sell now before the property market crashes?

House prices might drop 40%. We could be in the beginning of...

Read more

Economy

Author John Kenel16 June 202206 Jun 2022

May REINZ statistics

Latest REINZ stats show Waikato median house price is up by 9.6%...

Read more

Assured News

Author John Kenel27 May 202205 May 2022

Exciting times with GIB being installed!

‘River Ridge’ comprises of four street facing apartments, and ten terraced houses...

Read more

Featured properties

Townhouse

sold

2 & 3 bed townhouses

City Living on River Ridge, Hamilton – SOLD OUT

Bedrooms 3
Bathrooms 2
Garage Single1 garage

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

© 2022 Assured Property Investments. 

Site by Brontë + Benek