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The politics of houses

Monday, July 14, 2014
Upcoming policy changes affecting Auckland property investors

With the General Election merely weeks away and housing being the epicentre of the political battlefield, it is time for property investors to understand the positions of each of the major political parties and how our investments are likely to be affected.  

Below is a summary table of the four major political parties and their policy positions for the seven hot button issues for investors: 

  National  Labour Greens New Zealand First
Rental Warrant of Fitness  Targeting state houses and those receiving accommodation supplement Mandatory for all rental properties  Mandatory for all rental properties  
Capital Gains Tax   No Yes 15% (excluding family homes) Yes (excluding family homes)  
Ring Fencing Losses "Bach tax precedent"  Yes Yes  
Heating and Insulation   Healthy Homes Guarantee Bill Energy Efficiency Conservation Bill  
Residential Tenancies Act  No Yes Yes Yes
Rent Freeze   Yes With Limits Yes
Regulation for Foreign Investors  No Overseas Investment Bill Yes Yes

Source: New Zealand Property Investors' Federation 

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The Tenancy Practice Service and TPS Credit Control work closely with the Auckland Property Investors' Association. Our vision of bringing helpful resources, documents and high quality services to Auckland Property Investors and Property Managers is shared by APIA, so its a partnership that works well. 

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I find the information obtained from various APIA meetings very useful in guiding my own property investment and rental management.  I also enjoy the networking opportunities with like-minded investors.  I am inspired by other investors’ success and find the more experiences and knowledge that I share with others, the more confident I become.  

Thanks to all APIA event organizers and administrators for your brilliant work. 

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Every time I attend a monthly or regional meeting I come away with so many useful and positive tips that have added value to my property investments and management.

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Tim Duffett, Plan A Investments Limited