The Reserve Bank’s recent cuts to the Official Cash Rate (OCR) have been welcomed by property owners and investors alike. After years of elevated borrowing costs, lower rates can ease the pressure on households while opening fresh opportunities for those looking to expand their portfolios. What the OCR means for you The OCR directly influences…
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Reflection on the Government changes for Landlords As the year is ending, we are reflecting on the key changes and developments in the rental property market in New Zealand. The new coalition government has outlined some proposed policy changes, which indeed have significant implications for both landlords and tenants. Here’s a summary of the key…
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Data released by MBIE highlights the growing dilemma that tenants are facing due to a shortage of rental properties across the country. At the end of 2021, there were 383,220 active bonds held by Tenancy Services, up from 380,295. However, the net increase in active bonds has dropped to the lowest level since records began…
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