Auckland is New Zealand’s economic hub and with our economy set to continue to grow over the next couple of years demand for housing in Auckland will remain high. Property values in New Zealand have increased by more than 25 percent in 3 years and NZHerald also reports Auckland’s the median house has risen by 46.5% however there are investors buying Auckland residential property for less than market value.
Baby boomers particularly those currently living in Auckland may be setting their sights on Nelson and who would blame them. Nelson offers the perfect lifestyle with a mediterranean climate, idyllic nature walks, sandy beaches, culinary delights and of course it’s one the cultural arts capitals of New Zealand too.
What can go possibly go wrong renting out your home for short term stays via a very reputable and popular online travel website? For most homeowners it all works out really well. However for this young Canadian couple it went horribly wrong.
While property managers are a dime a dozen these days – doing the job well is no easy task. Arguably there are too many property managers in business whom are not doing the job particularly well.
Property Managers have to put up with a lot though.
In the four years to 31st May 2014 the average property value has risen nearly $80,000 according to QV.co.nz property trends graph.
In May 2010 the average property value was $397,396 and in May 2014 it was $471,491. Will the trend continue? Possibly for a while longer especially in the growth regions of New Zealand like Auckland.
Landlords managing their own rental properties can end up doing it really tough! NZHerald Journalist Diana Clement recently appealed to Landlords on a couple of local property discussion forums for ‘their gripes’ or property management grievances.
Did you hear the news today – oh boy…. If you didn’t hear the broadcast listen to the RadioNZ item HERE Its kind of sad how long it take journos to catch up with what is happening out here on the ground in the NZ housing market. I am surprised that they needed an OIA to figure out that MBIE does not record.
I have had an interesting reflection while teaching Building Law. How well do you know the Rules in order to see how far they can be bent or got around? We need the knowledge of the Rules first We need to know the “WHY” behind the Rules - why is that rule there?
MBIE have republished the CS Handbook – please see the attached. It has a whole new look and feel but just a few little changes. No show stoppers. But at least you will have the latest version of the document. SS1 Cross reference under to the new C/AS1 – C/AS7 Acceptable Solutions SS8 New description
Here we go folks here is the new amendment hot off the press.
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