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Rent Controls - My Comments on the AM Show

July 06, 20231 min read

This morning I was invited to the AM show to give my opinion on the green's proposal to introduce tighter rent controls.

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If more legislation is the answer why didn’t any of these work?

  • CCCFA rules

  • Debt to income ratios

  • Loan to Value restrictions

  • Tripling the OCR

  • Tax non deductibility

  • 10 year brightline test

  • Banning foreign buyers

  • Losing depreciation on depreciating assets or

  • An overhaul of the RTA and RMA

Emergency housing wait lists have doubled under Labor/Greens.

Just a random idea but why don’t we cut red tape and make it easier for councils to release land?

Last one out of the country can you flick the lights off?

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