NZ Property Investor

STAND ABOVE THE FEAR AND HYSTERIA

It has been disappointing to watch the plethora of contradictory policies coming out of the Ardern Government and the Reserve Bank (RBNZ) over the last five years.

There is zero accountability for the blunders that seem to be arriving thick and fast - just PR spin and denial that anything is wrong, A quick chronology of property investor grievances follows, coupled with advice for landlords and homeowners.

It started in Labour’s first term with the vilification of property investors for house price inflation, and accusations they had caused the wealth gap. We were called tax cheats after a free ride. Stamping it out would be so easy, the government said. They would build 100,000 houses just to start, because it was as simple as saying so in the election lead up.

This anti-landlord narrative was not only offensive; it was incorrect.

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