| 1 | Good tenants for 7 years and wants them out because of the new rules. Can someone explain what the problem could be besides the LL not making any sense ? https://tinyurl.com/47z1s2b1 cessna3 - 2021-02-20 14:47:00 |
| 2 | Because the landlord is re evaluating whether he even wants to keep it as a rental. With the rules changing, seems like a few landlords are doing the same.
At the end of the day it's house, so his choice. annie17111 - 2021-02-20 14:59:00 |
| 3 | But according to landlords union, A Church etc etc, good tenants are never evicted using the 90 day no explanation needed. It's only used on the scumbags. kestrel43 - 2021-02-20 15:19:00 |
| 4 | kestrel43 wrote:
But according to landlords union, A Church etc etc, good tenants are never evicted using the 90 day no explanation needed. It's only used on the scumbags. What was said, many times, was that no cause termination notices were given for many reasons. Perhaps you did not comprehend the comments. artemis - 2021-02-20 15:39:00 |
| 5 | cessna3 wrote:
Good tenants for 7 years and wants them out because of the new rules. Can someone explain what the problem could be besides the LL not making any sense ?
Https://tinyurl.com/47z1s2b1 On 11 February the rules around terminating tenancies became more complex. In some cases a whole lot more complex requiring evidence, a hearing and a court order, with decisions often relying on an adjudicator's interpretation of vague terms like 'reasonable'. Add that to a huge number of mandatory upgrades and other compliance, and it made perfect sense for a landlord to make decisions about their asset while they still could. Does that help? artemis - 2021-02-20 15:47:00 |
| 6 | Is the OP a landlord? Landlords get why the person evicted those tenants. oakcottage - 2021-02-20 16:11:00 |
| 7 | Hopefully more will follow suit and let the houses be available for people to purchase. If enough do it at the same time, the market will hopefully start to shift in favour of people actually wanting to make a home for themselves as opposed to people who find it easier to live off others than doing anything actual productive job. Edited by lakeview3 at 4:23 pm, Sat 20 Feb lakeview3 - 2021-02-20 16:23:00 |
| 8 | Seems that LL is just panicking. He going to left with no income and two options, either sell or risk another tenant which might not be as good as the first. Not a good investment strategy. cessna3 - 2021-02-20 16:30:00 |
| 9 | lakeview3 wrote:
Hopefully more will follow suit and let the houses be available for people to purchase. If enough do it at the same time, the market will hopefully start to shift in favour of people actually wanting to make a home for themselves as opposed to people who find it easier to live off others than doing anything actual productive job.
So what happens to the people who can't afford to buy, or can't get a mortgage, when all of the landlords have sold up? Let me guess, your answer will be MOAR Socialism, right? apollo11 - 2021-02-20 16:35:00 |
| 10 | apollo11 wrote:
So what happens to the people who can't afford to buy, or can't get a mortgage, when all of the landlords have sold up? Let me guess, your answer will be MOAR Socialism, right? there will ways be a few stubborn ones I guess, state housing for the rest. lakeview3 - 2021-02-20 16:38:00 |
| 11 | lakeview3 wrote:
Hopefully more will follow suit and let the houses be available for people to purchase. If enough do it at the same time, the market will hopefully start to shift in favour of people actually wanting to make a home for themselves as opposed to people who find it easier to live off others than doing anything actual productive job. Two "hopefullys" in there but don't hold your breath. neell - 2021-02-20 16:41:00 |
| 12 | cessna3 wrote:
Seems that LL is just panicking. He going to left with no income and two options, either sell or risk another tenant which might not be as good as the first. Not a good investment strategy. They will sell and sell quickly as the Wellington property market is raging. neell - 2021-02-20 16:44:00 |
| 13 | neell wrote:
Two "hopefullys" in there but don't hold your breath. yeah look at the last 2 govts we have had in power - both have sat back and done SFA. I had hopes this current govts would do something but after a bit of a hiss and roar, still nothing of substance, all the while the house prices going through the roof. lakeview3 - 2021-02-20 16:46:00 |
| 14 | cessna3 wrote:
Good tenants for 7 years and wants them out because of the new rules. Can someone explain what the problem could be besides the LL not making any sense ? https://tinyurl.com/47z1s2b1 You need to ask your Government that question...
I think it’s called “unintended consequences” these days. When I was young we called it “the ripple effect”.
Been discussed on here for a long time and to most regular readers this is, sadly, exactly as they predicted.???? The landlord might have other, better places to invest their hard earned money |
| 15 | lakeview3 wrote:
yeah look at the last 2 govts we have had in power - both have sat back and done SFA. I had hopes this current govts would do something but after a bit of a hiss and roar, still nothing of substance, all the while the house prices going through the roof. I think you need to go back further than 2 governments.
Under Helen Clark Auckland house prices went up 113% in 9 years, under John Key it was about 93%.
In 3 years of Adern that rate has increased and I'd hate to guess what her 9 (heaven forbid) year total will be. neell - 2021-02-20 16:58:00 |
| 16 | neell wrote:
I think you need to go back further than 2 governments.
Under Helen Clark Auckland house prices went up 113% in 9 years, under John Key it was about 93%.
In 3 years of Adern that rate has increased and I'd hate to guess what her 9 (heaven forbid) year total will be. for sure. The problem really goes back at least 30 years, but it has exponentially increased in the last 10-15 years for sure. lakeview3 - 2021-02-20 17:01:00 |
| 17 | lovelurking wrote:
You need to ask your Government that question...
I think it’s called “unintended consequences” these days. When I was young we called it “the ripple effect”.
Been discussed on here for a long time and to most regular readers this is, sadly, exactly as they predicted.???? The landlord might have other, better places to invest their hard earned money I think John key called it his ‘halo effect’ LMFAO ???? the problems started in Auckland and have radiated outwards. Now the whole country is ******. lakeview3 - 2021-02-20 17:03:00 |
| 18 | lakeview3 wrote:
yeah look at the last 2 govts we have had in power - both have sat back and done SFA. I had hopes this current govts would do something but after a bit of a hiss and roar, still nothing of substance, all the while the house prices going through the roof.
The last government thought that high house prices were a GOOD thing, and it was obvious from the beginning that the current government is powered by fairy farts and happy thoughts, which is why I didn't vote for them. I voted for the Cat Killer instead. apollo11 - 2021-02-20 17:09:00 |
| 19 | apollo11 wrote:
The last government thought that high house prices were a GOOD thing, and it was obvious from the beginning that the current government is powered by fairy farts and happy thoughts, which is why I didn't vote for them. I voted for the Cat Killer instead. yeah and this leaves us in a quandary doesn’t it? Who TF do we vote for next? ???? the twerker? lakeview3 - 2021-02-20 17:15:00 |
| 20 | lakeview3 wrote:
Hopefully more will follow suit and let the houses be available for people to purchase. If enough do it at the same time, the market will hopefully start to shift in favour of people actually wanting to make a home for themselves as opposed to people who find it easier to live off others than doing anything actual productive job. What a load of cobblers.
We have a business that employs around 19 employees.
We just bought our 3rd rental, a doer upper.
Also own 16 acres of bare residential land.
This is our pension plan for when your Govt does the dirty on us. smallwoods - 2021-02-20 17:16:00 |
| 21 | The only way to fix this issue is through stable - to falling population levels. Nothing else is going to budge. apollo11 - 2021-02-20 17:17:00 |
| 22 | apollo11 wrote:
The only way to fix this issue is through stable - to falling population levels. Nothing else is going to budge. Do you realise that COVID was engineered by the Chinese for exactly that purpose? sparkychap - 2021-02-20 17:26:00 |
| 23 | smallwoods wrote:
What a load of cobblers.
We have a business that employs around 19 employees.
We just bought our 3rd rental, a doer upper.
Also own 16 acres of bare residential land.
This is our pension plan for when your Govt does the dirty on us. Good on you smallwoods.
I think you are to be admired for employing people ( it is a big responsibility, bloody hard work and very necessary for our country) and investing for your retirement is also a very wise thing to be doing.
Congratulations ???????? |
| 24 | sparkychap wrote:
Do you realise that COVID was engineered by the Chinese for exactly that purpose? ???? ???? ???? ???? ???? ???? ???? ???????? |
| 25 | sparkychap wrote:
Do you realise that COVID was engineered by the Chinese for exactly that purpose?
***People who have a dislike for elderly rental owners*** must have been chuckling in glee, at the thought of a sudden influx of houses onto the market. apollo11 - 2021-02-20 17:37:00 |
| 26 | Motels are waiting for an influx of homeless people. bryshaw - 2021-02-20 18:43:00 |
| 27 | neell wrote:
I think you need to go back further than 2 governments.
Under Helen Clark Auckland house prices went up 113% in 9 years, under John Key it was about 93%.
In 3 years of Adern that rate has increased and I'd hate to guess what her 9 (heaven forbid) year total will be. Here are some actual facts - 2001 to 2020. Spot the trends and the time frames. https://trademe.tmcdn.co.nz/photoserver/full/1492629124.jpg artemis - 2021-02-20 19:23:00 |
| 28 | apollo11 wrote:
The only way to fix this issue is through stable - to falling population levels. Nothing else is going to budge. Not saying you are wrong, but check out the chart I just posted. We had high immigration over a lot of that time, but not so much in the past year. And yet ... artemis - 2021-02-20 19:26:00 |
| 29 | The population was at record levels immediately before the borders closed, very few so called temporary immigrants have left in the intervening 10 months. The population pressure on the housing market is still extreme after years of massive immigration. kestrel43 - 2021-02-20 19:36:00 |
| 30 | artemis wrote:
Here are some actual facts - 2001 to 2020. Spot the trends and the time frames. https://trademe.tmcdn.co.nz/photoserver/full/1492629124.jpg[
/quote] Much like what I said about the house prices then. neell - 2021-02-20 19:47:00 |
| 31 | kestrel43 wrote:
The population was at record levels immediately before the borders closed, very few so called temporary immigrants have left in the intervening 10 months. The population pressure on the housing market is still extreme after years of massive immigration. That can't be right. In 2017 Labour pledged to reduce immigration by 10,000 - 20,000 a year. artemis - 2021-02-20 19:48:00 |
| 32 | artemis wrote:
Not saying you are wrong, but check out the chart I just posted. We had high immigration over a lot of that time, but not so much in the past year. And yet ...
Population can grow without immigration. And there was already a property shortage before covid. I'm sure the population hasn't shrunk in the meantime. apollo11 - 2021-02-20 20:08:00 |
| 33 | artemis wrote:
That can't be right. In 2017 Labour pledged to reduce immigration by 10,000 - 20,000 a year.
They pledged a number of things. apollo11 - 2021-02-20 20:11:00 |
| 34 | artemis wrote:
That can't be right. In 2017 Labour pledged to reduce immigration by 10,000 - 20,000 a year. Just election promises, if you believe them you are a mug.
Look at the USA,
At the end of Trumps term they were only vaccinating 1,000,00 people a day - boo, orange man bad.
Biden on the other hand promised to vaccinate 100,000,000 in 100 days - woo hoo, senile old man good. neell - 2021-02-20 20:12:00 |
| 35 | artemis wrote:
Not saying you are wrong, but check out the chart I just posted. We had high immigration over a lot of that time, but not so much in the past year. And yet ... Maybe, just maybe, there are multiple causes of house price inflation, of which immigration was just one? sparkychap - 2021-02-20 20:13:00 |
| 36 | neell wrote:
Just election promises, if you believe them you are a mug.
Look at the USA,
At the end of Trumps term they were only vaccinating 1,000,00 people a day - boo, orange man bad.
Biden on the other hand promised to vaccinate 100,000,000 in 100 days - woo hoo, senile old man good. Trump: "…when you have 15 people, and the 15 within a couple of days is going to be down to close to zero, that’s a pretty good job we’ve done." 495,000 dead people later.... Yeah, orange man was worse than bad. Edited by sparkychap at 8:18 pm, Sat 20 Feb sparkychap - 2021-02-20 20:17:00 |
| 37 | Guess if you are not the landlord you will never know the reason |
| 38 | sparkychap wrote:
Do you realise that COVID was engineered by the Chinese for exactly that purpose? Shhhhh Sparky don't give away the secret. Next thing you will be talking about 5G, lizard people, the grassy knoll and other well known factoids. shanreagh - 2021-02-20 20:26:00 |
| 39 | sparkychap wrote:
Trump: "…when you have 15 people, and the 15 within a couple of days is going to be down to close to zero, that’s a pretty good job we’ve done." 495,000 dead people later.... Yeah, orange man was worse than bad.
To be fair, he did try to head it off at the pass by banning inbound flights from China- and was lambasted for being a racist. And wasn't it up to individual states to sort out their covid response? apollo11 - 2021-02-20 20:30:00 |
| 40 | This message was deleted. hooserat - 2021-02-20 20:31:00 |
| 41 | apollo11 wrote:
To be fair, he did try to head it off at the pass by banning inbound flights from China- and was lambasted for being a racist. And wasn't it up to individual states to sort out their covid response? and failed to stop the 40,000 odd that came from China via Europe....? Lol he failed utterly and completely. sparkychap - 2021-02-20 20:35:00 |
| 42 | sparkychap wrote:
and failed to stop the 40,000 odd that came from China via Europe....? Lol he failed utterly and completely.
Because by then there was no point. apollo11 - 2021-02-20 20:38:00 |
| 43 | apollo11 wrote:
Because by then there was no point. was happening at the same time. He was still telling people it was nothing to worry about whilst knowing how serious it was. Seriously, don’t try and suggest trump did a good job. sparkychap - 2021-02-20 20:40:00 |
| 44 | Other than those lucky enough to live on islands, every country failed utterly to stop the spread of the virus. The real failures were the CCP and the WHO. Although that assumes that spreading the virus worldwide wasn't a desired outcome. apollo11 - 2021-02-20 20:42:00 |
| 45 | sparkychap wrote:
was happening at the same time. He was still telling people it was nothing to worry about whilst knowing how serious it was. Seriously, don’t try and suggest trump did a good job.
What would you have done differently? apollo11 - 2021-02-20 20:43:00 |
| 46 | apollo11 wrote:
What would you have done differently? i wouldn’t have lied to the American public for a start...lol sparkychap - 2021-02-20 20:45:00 |
| 47 | Apollo11 is correct, saying population growth is a big driver in house prices. I remember the late seventies when every one was fleeing to Australia. There was a news item showing houses in Pakaranga for $40,000. The good old days. laurelanne - 2021-02-20 20:45:00 |
| 48 | There were people holding 'infection' parties because the rumour was that it only killed old white people, and the deaths among black Americans soared as a result. Trump was only the apex of the stupidity pyramid. apollo11 - 2021-02-20 20:47:00 |
| 49 | sparkychap wrote:
i wouldn’t have lied to the American public for a start...lol
Jeez sparky, that's what pollies are supposed to do. apollo11 - 2021-02-20 20:47:00 |
| 50 | Al least he didn't have a 'come on down to Chinatown and kiss a Chinese person, Day'. I think that was Pelosi. apollo11 - 2021-02-20 20:50:00 |
