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Property management to be regulated

#Post
1

It won't happen overnight but it will happen. It probably should have from the get go but it doesn't matter now.

johnston - 2021-02-19 15:18:00
2

Clickbait. I got all excited then.

sparkychap - 2021-02-19 16:04:00
3
sparkychap wrote:

Clickbait. I got all excited then.

It's on its way but will take quite some time.

johnston - 2021-02-19 16:18:00
4
johnston wrote:

It's on its way but will take quite some time.

Like my industry and it's still not right

jeffqv - 2021-02-19 17:07:00
5

And that will make rents and houses cheaper how?
Rents going up some more is my bet.

pcle - 2021-02-20 12:38:00
6
pcle wrote:

And that will make rents and houses cheaper how?
Rents going up some more is my bet.

It's not intended to make rents or houses cheaper. It's intended to protect both landlords and tenants from cowboys who don't know what they're doing - or who know what they should be doing, but do something else anyway.

luteba - 2021-02-20 13:24:00
7

One to that would fix the problem is to increase home ownership levels and then there will be less landlords.

An asset and income tested pension would do the trick. I mean what is the sense in relying on the taxes of people who are working renting paying off student loans, saving for their own retirement while supposedly raising the next generation of workers while the people they are renting their house off expect to get that tax money via a state pension? The greed and selfishness of it is quite something to behold.

lakeview3 - 2021-02-20 13:32:00
8
lakeview3 wrote:

One to that would fix the problem is to increase home ownership levels and then there will be less landlords.

An asset and income tested pension would do the trick. I mean what is the sense in relying on the taxes of people who are working renting paying off student loans, saving for their own retirement while supposedly raising the next generation of workers while the people they are renting their house off expect to get that tax money via a state pension? The greed and selfishness of it is quite something to behold.

Because the govt promised me a pension (first at 60) at 65, as I was born early 60's.
Have worked and paid paye taxes all my life, with only 1 week registered on the dole (but didn't receive any payment).
It's the least they could do, as I've only used the hospital a couple of times.
Didn't finish school, so haven't used higher education.

smallwoods - 2021-02-20 14:10:00
9
lakeview3 wrote:

One to that would fix the problem is to increase home ownership levels and then there will be less landlords.

An asset and income tested pension would do the trick. I mean what is the sense in relying on the taxes of people who are working renting paying off student loans, saving for their own retirement while supposedly raising the next generation of workers while the people they are renting their house off expect to get that tax money via a state pension? The greed and selfishness of it is quite something to behold.

Just needs a political party to stand on that policy and be elected. That so far non existent party might do better in an election if the pension is based on the number of years the person was a net taxpayer. Maybe 5% of the pension amount for each year as a net taxpayer.

Edited by artemis at 3:52 pm, Sat 20 Feb

artemis - 2021-02-20 15:52:00
10
pcle wrote:

And that will make rents and houses cheaper how?
Rents going up some more is my bet.

Is someone claiming it will?

johnston - 2021-02-20 17:06:00
11

The member deleted this message.

sweetgurl108 - 2021-02-20 18:53:00
12

Even as a landlord I have always thought that Property Manaagers should be registered in some way. Most of them are affliated to real estate firms and "hide behind" the registered real estate agent who is in charge.As I understand it there are no qualifications or experience reqiuired to start.

Several years ago my youngest was renting a unit behind a local house. All was well when it was owner occuped by a widow, but when it was sold and rented out with a property manager who hadn't a clue about the re lntal laws there were problems. Son finally went to manager of the real estate firm and pointed out a few relevant.laws in front of the property manager - she was very careful after that. Son had consulted us and our property manager to make sure of his facts before confronting her.

The property manager we have at present is actually a fully licenced real estate agent and even she says all property managers should have qualifications and be accountable under the laws. Capricorngirl

mlarkin - 2021-02-20 21:27:00
13
luteba wrote:

It's not intended to make rents or houses cheaper. It's intended to protect both landlords and tenants from cowboys who don't know what they're doing - or who know what they should be doing, but do something else anyway.

What, like real estate agents? Cause they're so goody goody and above board (ha!).
What it will do in reality is add yet more compliance costs and stupid forms and boxes to tick.
But then again - rents are far too cheap.

pcle - 2021-02-21 09:20:00
14

REGULATED PROVIDERS ARE ONLY AS GOOD AS THE TOOTHLESS GUTLESS REGULATORS.

Look at several professions and consider what actual action they have ever taken against cowboys, nil.

kenw1 - 2021-03-04 15:03:00
15

When are politicians going to be regulated?
Maybe a basic general knowledge test at least.
"What is GDP?"
"If you increase compliance costs and taxes - how much cheaper do things get?"
0 out 2 should be a fail - not automatic entry onto the party list.

pcle - 2021-03-04 19:01:00
16
kenw1 wrote:

REGULATED PROVIDERS ARE ONLY AS GOOD AS THE TOOTHLESS GUTLESS REGULATORS.

Look at several professions and consider what actual action they have ever taken against cowboys, nil.

Got a few examples?

johnston - 2021-03-04 21:34:00
17
johnston wrote:

Got a few examples?

Doctors judged by Doctors
Legal Profession, Nurses, Engineers all above the law.

Ever tried taking legal action against a Barrister, its impossible.

It is unrealistic to have buddies from the same profession a ting as Judge and Jury, a difficult situation to resolve, when they have all the power and influence.

Edited by kenw1 at 5:42 pm, Fri 5 Mar

kenw1 - 2021-03-05 17:33:00
18
kenw1 wrote:

Doctors judged by Doctors
Legal Profession, Nurses, Engineers all above the law.

Ever tried taking legal action against a Barrister, its impossible.

It is unrealistic to have buddies from the same profession a ting as Judge and Jury, a difficult situation to resolve, when they have all the power and influence.

Search the legal databases for the countless disciplinary proceedings against all. Then search for the countless civil actions.

johnston - 2021-03-05 18:41:00
19

I would have welcomed the opportunity to discuss the situation I am aware of with the relevant authority, but was heavily persuaded not to. justice with a very small j.

kenw1 - 2021-03-05 21:00:00
20
lakeview3 wrote:

One to that would fix the problem is to increase home ownership levels and then there will be less landlords.

An asset and income tested pension would do the trick. I mean what is the sense in relying on the taxes of people who are working renting paying off student loans, saving for their own retirement while supposedly raising the next generation of workers while the people they are renting their house off expect to get that tax money via a state pension? The greed and selfishness of it is quite something to behold.

That's going to go down like a cup of Cat's Piss for hard working New Zealanders who left school at 15, worked 50 years and you want to pull the rug out from under them!

Considering only 3 out of 10 households in New Zealand make a net contribution to the tax base, it's an interesting comment you make about a young family contribution to someone else superannuation. In all likelihood, the young family aren't making a net contribution to the tax base considering the above and hence your argument seems flawed.

Models have suggested to continue with universal Superannuation, age of eligibility needs to rise. Maybe introduce a Super ubi from 65 for those who are unable to continue work due to health conditions.

To me, maintaining a high labor market participation allows New Zealand to deliver good socialist policy. EVERYONE CONTRIBUTES!

Remember, New Zealand's Superannuation has been heavily socialized already. Everyone gets the same no matter what was put in. The so called rich don't receive tax breaks for private schemes. The house wife isn't penalised for staying at home to look after children.

Edited by ian1990 at 9:46 pm, Fri 5 Mar

ian1990 - 2021-03-05 21:45:00
21
kenw1 wrote:

I would have welcomed the opportunity to discuss the situation I am aware of with the relevant authority, but was heavily persuaded not to. justice with a very small j.

That the flaw in your logic. You are aware of one issue that rightly or wrongly didn't go the way you wanted and ignore the tens thousands of others where justice was served. I wager you know little about the regulatory environment those you named operate in nowadays and the disciplinary and civil remedies available to consumers.

johnston - 2021-03-06 06:40:00
22
johnston wrote:

That the flaw in your logic. You are aware of one issue that rightly or wrongly didn't go the way you wanted and ignore the tens thousands of others where justice was served. I wager you know little about the regulatory environment those you named operate in nowadays and the disciplinary and civil remedies available to consumers.

I am well aware of the statements that were made to us, successfully intimidating us into not taking the case further, sometimes its better to be left with half a shirt rather than no shirt.

As for Doctors, yes know a lot about that profession and their regulatory process, all the way through to select committee stage, so dont buck me on that.

Nurses, well that may well be the next battle, when is a nurse a doctor?

kenw1 - 2021-03-06 08:16:00
23
kenw1 wrote:

I am well aware of the statements that were made to us, successfully intimidating us into not taking the case further, sometimes its better to be left with half a shirt rather than no shirt.

As for Doctors, yes know a lot about that profession and their regulatory process, all the way through to select committee stage, so dont buck me on that.

Nurses, well that may well be the next battle, when is a nurse a doctor?

If my memory serves me well you were badly let down but that's one incident among tens of thousands. To disparage multiple judicial processes because of one issue weakens your argument.

In respect of the barrister ultimately it was your decision not to pursue the matter and it was always open to you to seek a second opinion. Solicitors operate in a high risk environment and there are many cases where they have been sued.

johnston - 2021-03-06 08:49:00
24

What is the problem, how big is it, what is the root cause, what remedies are already available, how are they working, who are the people / parties pressing for regulation.

artemis - 2021-03-06 09:13:00
25
johnston wrote:

If my memory serves me well you were badly let down but that's one incident among tens of thousands. To disparage multiple judicial processes because of one issue weakens your argument.

In respect of the barrister ultimately it was your decision not to pursue the matter and it was always open to you to seek a second opinion. Solicitors operate in a high risk environment and there are many cases where they have been sued.

Thank you, the option of 2nd opinion in a small town is fraught with as much disaster as the first. The worrying thing for me is how we were told about the problem and by whom, also who we had confirm it to us. More than that I would love to say, but my half a shirt is due for wash and I dont want to loose it.

Matter closed, well for now.

kenw1 - 2021-03-06 09:38:00
26
kenw1 wrote:

Thank you, the option of 2nd opinion in a small town is fraught with as much disaster as the first. The worrying thing for me is how we were told about the problem and by whom, also who we had confirm it to us. More than that I would love to say, but my half a shirt is due for wash and I dont want to loose it.

Matter closed, well for now.

Ken you have my sympathy and best wishes. I remember you posting about this 10 or 15 years ago. Easy in hindsight but your second opinion should have been from a city well away from home.

All the best.

johnston - 2021-03-06 12:04:00
27
smallwoods wrote:

Because the govt promised me a pension (first at 60) at 65, as I was born early 60's.
Have worked and paid paye taxes all my life, with only 1 week registered on the dole (but didn't receive any payment).
It's the least they could do, as I've only used the hospital a couple of times.
Didn't finish school, so haven't used higher education.

Paying taxes or not through your working age years makes no difference as to whether you receive the pension. The only criteria for this benefit is age.

pico42 - 2021-03-06 13:54:00
28
pico42 wrote:

Paying taxes or not through your working age years makes no difference as to whether you receive the pension. The only criteria for this benefit is age.

Also you need 10yrs of residency from the age of 20yrs old either born here or once residency has been granted. 5yrs from the page of 60yrs old.

So technically someone who is born in NZ who moved to the UK after varsity won't get it but a migrant or a overseas NZders if they do 5yrs now and then comne back when when they are 60yrs and do another 5yrs can. Note that residency can be permanent residency while holding a overseas passport, it does not need to be citizenship.

rayonline_tm - 2021-03-06 15:00:00
29
lakeview3 wrote:

One to that would fix the problem is to increase home ownership levels and then there will be less landlords.

An asset and income tested pension would do the trick. I mean what is the sense in relying on the taxes of people who are working renting paying off student loans, saving for their own retirement while supposedly raising the next generation of workers while the people they are renting their house off expect to get that tax money via a state pension? The greed and selfishness of it is quite something to behold.

You keep repeating the same illogical comments. Workers pay part of their taxes to receive a pension later in life. This was why taxes were increased in the 30s. They also pay taxes on the rent income. Why dont you be consistant and say those that contribute to Kiwi Saver should not get the payout later. Same principal.

pisces47 - 2021-03-07 08:55:00
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