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Property expert predicts even tougher year for first home buyers with loan-to-value ratios set to return

Changes to the Residential Tenancies Act will draw a line between long-term property investors and developers - 11-Jan-2021

Changes to the Residential Tenancies Act will draw a line between long-term property investors and developers Changes to the Residential Tenancies Act will draw a line between long-term property investors and developers 11 January 2021 From next month, 90-day, no cause evictions aren t allowed. A landlord who rents old properties at low cost before he develops them has told the Herald - he ll now keep them vacant. One Roof Commentator Ashley Church says developers have tenants for a short time, before they sell the property - so it s not unreasonable to leave them vacant. He says investors need the income off the property.

Housing outside of Auckland is what shows there's an issue with the market - 24-Dec-2020

Housing outside of Auckland is what shows there's an issue with the market - 24-Dec-2020
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

Has the Tauranga housing market become impossible for first-home buyers?

Has the Tauranga housing market become impossible for first-home buyers? 19 Dec, 2020 02:25 AM 8 minutes to read Is it becoming harder to buy a first home? Photo / Getty Images Bay of Plenty Times For Carly McMechan and her family, the hunt for their first home has been an almost two-year battle with no end in sight. The family decided to look at buying a home when they realised how much they had spent on rent in the 18 years they had been together. They have lived in their rental for 13 years and, while there is no pressure to leave, eventually the landlord wanted to move back upon retirement.

Rotorua housing market: Has it become impossible for first-home buyers?

Rotorua housing market: Has it become impossible for first-home buyers? 16 Dec, 2020 06:38 PM 8 minutes to read Has it become too hard to get on to the property ladder in Rotorua? Photo / File Has it become too hard to get on to the property ladder in Rotorua? Photo / File Stephanie Arthur-Worsop is the Rotorua Daily Post s News Directorstephanie.worsop@nzme.co.nzTheDailyPost Record house prices month after month, low interest rates creating more competition, a cap on the first home grant that doesn t match current house values and a severe housing shortage. Has this perfect storm of factors pulled the property ladder out of reach of first-home buyers?

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