Wellington Property Investors' Association

04 472 9877 answerph

wellington@nzpif.org.nz

News & Updates

Recent updates

  • New Zealand property prices 61% overvalued compared to rental prices
    A recent report by the OECD claimed that NZ property prices were 61% over valued when compared to rental prices. However another way to look at this statistic is that rental prices in New Zealand are too cheap.
    22-07-2014 more >>
  • Political policies affecting the rental housing industry
    Over the last month I have spoken at Property Investor Associations about political policies affecting our industry. It wasn't good news on the whole and I have been asked by a number of younger investors' if it is still worth investing in rental property.
    23-06-2014 more >>
  • 5+ Rentals to mean corporate loan status
    The Reserve Bank (RBNZ) has introduced new rules that will come into effect on the 30th of June this year. These rules will see rental property owners with five or more rental properties classed as either income producing real estate or small to medium enterprises (SME's).
    22-05-2014 more >>
  • What could be covered in a rental WOF?
    There are currently two WOF systems being developed. One is a voluntary scheme currently being trialled by five Local Authorities around the country, the other is being developed for Housing NZ properties.
    15-03-2014 more >>
  • WCC undertakes rental property WOF in February
    The Wellington City Council recently released a media statement confirming that a trial Rental Property Warrant of Fitness was going to be undertaken during February. Local Authorities in Auckland, Tauranga, Christchurch and Dunedin are also taking part in the trial.
    22-02-2014 more >>
  • Time to rethink goals as the new year starts
    It is the start of a new year and you may well be on your break from work commitments as you read this. With a bit more time on your hands and hopefully in a rested and less stressed environment, this is a wonderful opportunity to think about the higher aspects of your investments. Just why are you investing in property and are you on track to meet your goals?
    15-01-2014 more >>
  • Auction of the houses in "The Block" TV programme
    Last month the latest edition of “The Block” television program ended with the houses that the four contestants renovated being auctioned on the open market.
    13-12-2013 more >>
  • NZPIF Strategic Plan adopted by Associations
    What I believe to be a significant event in New Zealand’s Rental Property Industry occurred during the NZPIF AGM in Wellington last month. Associations voted to accept the NZPIF’s Strategic Plan, which included the employment of an Executive Officer and a Communications Officer, each on a part time basis.
    15-11-2013 more >>
  • What housing crisis?
    There has been a high level of publicity regarding housing affordability in New Zealand, with a general consensus that we are in crisis and that something needs to be done. However a look at the facts does not bear this out.
    15-10-2013 more >>
  • Property investors to blame for price increases?
    Property Investors have long been blamed for property price increases and making it harder for first home buyers to achieve their first home.
    15-08-2013 more >>
  • Rental Property Warrant of Fitness
    An unfortunate aspect of this year’s Government Budget was the announcement that a rental property Warrant of Fitness was to be introduced for State Houses. There was also a strong indication that it would eventually be introduced to private rental properties.
    01-07-2013 more >>
  • June '13 President's Report
    Latest market statistics from the REINZ show that while median house prices have increased over the last year, 90% of the increase came from Auckland and Canterbury, with most of the increase coming from Auckland. These two areas accounted for just over half of all property sales in New Zealand.
    01-06-2013 more >>
  • Tenancy Tribunal Issues
    A few weeks ago I had a meeting in Central Auckland and parked in a commercially owned Pay-And-Display carpark. The meeting was expected to last half an hour so as you could only buy time in Half Hour lots of $5, I paid for one hour to account for time to get to the appointment.
    01-05-2013 more >>
  • Nick Smith to look at Warrants of Fitness for Rental Property
    Following a recommendation by the Childrens' Commissioner, New Minister of Housing, Nick Smith, has requested that his officials look into the feasibility of a Warrant of Fitness for rental property.
    01-04-2013 more >>
  • Can any worker can own a home?
    After last months article on housing affordability, where I looked at reasons why we do not have a housing crisis, I started to wonder if in fact anyone who was employed could own a home.
    01-03-2013 more >>
  • Housing affordability myth
    The housing market is continuing to take a battering from well intentioned but misinformed lobby groups and political parties concerned about house prices. Facts do not back up their beliefs however.
    01-02-2013 more >>
  • Jan 2013 President's Report
    The Waikato Property Investors’ Association and indeed the New Zealand rental industry lost a real asset with the passing of Brian Hancock shortly after the Waikato Conference last year.
    01-01-2013 more >>
  • NZPIF 2012 Roundup
    This has been quite a year for the Rental Property industry. Since 2008, the NZPIF has been saying that the housing market is likely to be quiet until 2012 and this seems to have been a fairly accurate prediction. While it is certainly early day’s, the housing market is now nearing boom like increases in some parts of the country and is likely to move in other parts soon.
    01-12-2012 more >>
  • NZPIF Conference '12 Report
    This years NZPIF conference in Hamilton was another major success. Attendees experienced a full weekend of devouring property related information plus sharing war and successes stories with other attendees. The mood was buoyant with many attendees looking to take advantage of market conditions.
    01-11-2012 more >>
  • NZPIF rejects call for Rental Property WOF
    The Childrens’ Commissioner established the grandly titled “Experts Advisory Group on Solutions to Child Poverty” in March this year. This group has recently produced its first report which included a number of proposals that the group claimed were “ambitious, but they are also realistic, cost-effective, based on evidence, and take into account New Zealand's economic and fiscal context”.
    01-10-2012 more >>
  • Insulation survey
    The NZ Property Investors’ Federation needs to gain more information on rental property insulation for both lobbying purposes and obtaining discounts for members.
    01-09-2012 more >>
  • High vacancy rates may limit rent growth
    Rental prices in New Zealand have grown well over the past few years, however this growth has slowed through this years winter months. The median rental price grew from $330 in January this year to $340 in May, but fell in July to $320.
    01-09-2012 more >>
  • If it aint broke, don’t fix it
    Presidents Report: The opposition Labour Party have recently accused landlords of ripping off tenants who receive the accommodation supplement (AS).
    01-08-2012 more >>
  • Rental Property back on top
    Presidents Report: The latest quarterly investor confidence survey from ASB Bank confirmed that rental property is again the top investment that people felt would give them the best return. This is the first time that rental property has been at the top of the list for over two years.
    01-07-2012 more >>
  • Be careful who you trust
    There are many indicators pointing to an improving property market. The economy is doing well, affordability is back to levels last seen 10 years ago, Interest rates are predicted to stay low for longer, demand is increasing yet new building consents are still quite low.
    01-06-2012 more >>

  • Results: 76-100 of 126