I hope that Jacinda and her team are starting to feel guilty for what they are doing to tenants. The situation is ’terrible’ now but only going to get worse as landlords sell older property and many would-be landlords are afraid to buy a rental property.
If you heap extra costs and headaches onto landlords there will be less rental stock and so less rentals, this means higher rents. You don’t need 100 select committees to work out the basics of supply and demand.
We are building as many affordable rental properties as we can, but we could build more if the Government wasn’t hell-bent on landlord bashing.
They should be ashamed of themselves. It’s the people at the bottom, the tenants, who Jacinda and her team are supposed to protecting that they are hurting most.
