29-04-2025, 07:37 AM
(28-04-2025, 07:43 PM)zqwerty Wrote: Here's a good real world example of landlords exploiting the system and raising prices when the government injects money into the system, what's required is regulation and punishment for transgressions.
https://www.rnz.co.nz/news/on-the-inside...-what-will
Interesting sideline - this government has capped and stopped funding for social housing subsidies. How that has affected our pensioner flats, run by a pp.partnership between Selwyn Trust and Ak Council, is for Haumaru to decide to rent to people who don't come from the social housing register at higher rents than existing tenants. They are now refurbing older units ( like mine) with that future in mind, in an ongoing three year process. So, the next tenant to move into our latest refurbed flat will pay more than anyone else, for a similar but updated space, under the same rules, but may well have more assets, better savings, better lifestyle. And Haumaru will collect more rent from them. But, consider the social costs. Someone with a higher level of need misses out. The chance of social friction increases. Homelessness doesn't actually fall, and a private landlord loses a tenant. While it might put downward pressure on rents it is on such a small and specific scale it probably won't impact...
The world is changing. Everywhere, not just here. My question though is given a change of government, will these changes be reversed?
Probably not, I suspect.