Press Release – NZ Property Investors’ Federation A survey of mortgage advisors by independent economist Tony Alexander has shown that the Government may have been too quick to disincentivise rental property providers. The survey found that both investors and first home buyers have become more cautious …
A survey of mortgage advisors by independent economist Tony Alexander has shown that the Government may have been too quick to disincentivise rental property providers.
The survey found that both investors and first home buyers have become more cautious in their approach to the housing market around the country.
Investors are the most cautious, with a net 46% of mortgage advisors who participated reporting that they are fielding fewer enquiries from property investors. In February only a net 5% of respondents said they were seeing fewer investors.
New Information Changes The Perspective
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Frightened Govt made housing policy on the fly - political scientist
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An initial period of information gathering had confirmed that large amounts of information was being collected from prospective tenants. Edwards’ office was now moving to more targeted engagement to better understand current practices and business models in the rental accommodation sector. The meetings with representatives of tenants, landlords, property managers and related businesses would inform their review of collection, use and disclosure of personal information in the sector, and of compliance issues under the Privacy Act, Edwards said.
MONIQUE FORD/STUFF
Privacy Commissioner John Edwards is concerned about some of the tenant information gathering practices being reported. “We are interested in the different perspectives of all participants in the sector to learn more about what personal information about tenants is being collected and why, and how tenants’ personal information is being used and disclosed.”