Come on benj don't be a Noitall
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start date
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I'm good, but not quite that good
Gordon Campbell on point - https://www.scoop.co.nz/stories/HL2501/S00042/deepseek-and-chinas-inexorable-rise.htm
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Wait, so you DO want an authoritarian government. Im glad we agree!
You found the middle ground! The rest is mere details.
I clicked on the link, expecting to read an article about Jacinda and Grant?!
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- Thread starter
- #14,447
Most urgent govt after 6 years of non delivery on election promises like Kiwibuild and light rail.
Sounds like a conspiracy to me. What are you smoking?
I read an article online today and, in the comment written below the article from readers was one I couldn't believe.... especially with all the talk of National being pro landlords and anti-tenants.... that financially, renters face less increases in their rents under National than Labour.
So, I checked the annual data for rent increases and compared it to which party was in government at the time. I was shocked by the results.
Since 2001, from the data in the chart linked below (except the 2024 figure was pre the last quarter annual rental inflation figure of 4.2%), rents went up an average of 5.1% during Clark's government and 5.2% on average under Ardern/Hipkins but only 3.6% under Key/English. Of the year's when the rate of increase was over last year's 4.2%, only two out of the 13 occurred under a National government, the higher rental inflation occurred under Labour (include last year's 4.2% and it changes to four out of 15 times).
For all the comments about how the last government "helping" renters by doing things like removing the ability to claim interest of mortgages, that government had the worst average increase.
I wonder if this has more to do with landlords facing less expenses under a National government or if it's more to do with inflation/salary increases.
The data below is "fudged" a tiny bit because the start of the year's shown doesn't coincide with election night.
Here's the link to the original Herald article.
www.nzherald.co.nz
And the comment which I didn't believe...
So, I checked the annual data for rent increases and compared it to which party was in government at the time. I was shocked by the results.
Since 2001, from the data in the chart linked below (except the 2024 figure was pre the last quarter annual rental inflation figure of 4.2%), rents went up an average of 5.1% during Clark's government and 5.2% on average under Ardern/Hipkins but only 3.6% under Key/English. Of the year's when the rate of increase was over last year's 4.2%, only two out of the 13 occurred under a National government, the higher rental inflation occurred under Labour (include last year's 4.2% and it changes to four out of 15 times).
For all the comments about how the last government "helping" renters by doing things like removing the ability to claim interest of mortgages, that government had the worst average increase.
I wonder if this has more to do with landlords facing less expenses under a National government or if it's more to do with inflation/salary increases.
Regional Economic Profile | New Zealand | Average rents
rep.infometrics.co.nz
The data below is "fudged" a tiny bit because the start of the year's shown doesn't coincide with election night.
Here's the link to the original Herald article.
‘Open season on renters’: No-cause eviction rules spark debate
No-cause evictions are reinstated, allowing landlords 90 days' notice.
And the comment which I didn't believe...
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Is it also linked to the increases in house prices during those same periods?I read an article online today and, in the comment written below the article from readers was one I couldn't believe.... especially with all the talk of National being pro landlords and anti-tenants.... that financially, renters face less increases in their rents under National than Labour.
So, I checked the annual data for rent increases and compared it to which party was in government at the time. I was shocked by the results.
Since 2001, from the data in the chart linked below (except the 2024 figure was pre the last quarter annual rental inflation figure of 4.2%), rents went up an average of 5.1% during Clark's government and 5.2% on average under Ardern/Hipkins but only 3.6% under Key/English. Of the year's when the rate of increase was over last year's 4.2%, only two out of the 13 occurred under a National government, the higher rental inflation occurred under Labour (include last year's 4.2% and it changes to four out of 15 times).
For all the comments about how the last government "helping" renters by doing things like removing the ability to claim interest of mortgages, that government had the worst average increase.
I wonder if this has more to do with landlords facing less expenses under a National government or if it's more to do with inflation/salary increases.
Regional Economic Profile | New Zealand | Average rents
rep.infometrics.co.nz
The data below is "fudged" a tiny bit because the start of the year's shown doesn't coincide with election night.
View attachment 11581
Here's the link to the original Herald article.
‘Open season on renters’: No-cause eviction rules spark debate
No-cause evictions are reinstated, allowing landlords 90 days' notice.
And the comment which I didn't believe...
View attachment 11582
But I thought National were responsible for housing affordability issues.... not Labour
Imagine the GFC and the CHCH earthquake is doing a fair bit of lifting here for National. Can almost guarantee it had very little to do with policy.I read an article online today and, in the comment written below the article from readers was one I couldn't believe.... especially with all the talk of National being pro landlords and anti-tenants.... that financially, renters face less increases in their rents under National than Labour.
So, I checked the annual data for rent increases and compared it to which party was in government at the time. I was shocked by the results.
Since 2001, from the data in the chart linked below (except the 2024 figure was pre the last quarter annual rental inflation figure of 4.2%), rents went up an average of 5.1% during Clark's government and 5.2% on average under Ardern/Hipkins but only 3.6% under Key/English. Of the year's when the rate of increase was over last year's 4.2%, only two out of the 13 occurred under a National government, the higher rental inflation occurred under Labour (include last year's 4.2% and it changes to four out of 15 times).
For all the comments about how the last government "helping" renters by doing things like removing the ability to claim interest of mortgages, that government had the worst average increase.
I wonder if this has more to do with landlords facing less expenses under a National government or if it's more to do with inflation/salary increases.
Regional Economic Profile | New Zealand | Average rents
rep.infometrics.co.nz
The data below is "fudged" a tiny bit because the start of the year's shown doesn't coincide with election night.
View attachment 11581
Here's the link to the original Herald article.
‘Open season on renters’: No-cause eviction rules spark debate
No-cause evictions are reinstated, allowing landlords 90 days' notice.
And the comment which I didn't believe...
View attachment 11582
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perception does not always meet reality.
Interesting then that the inflation caused by the GFC didn't result in a spike in rents but inflation caused by the COVID response did?
Also, the rental price is heavily linked to wages.
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So you could say, Labour is better at increasing wages.
Neither party is conquering the affordability problem.
While that's true most of the time.... it's not always.So you could say, Labour is better at increasing wages.
Neither party is conquering the affordability problem.
The wage increase in 2016 at 1.6% was one of the lowest since 2001, yet it was also the highest equal growth year in rents under National.
The highest increase under Helen Clark in 2004 corresponded with one of the lowest year's of wage increase during her time as PM.
From a personal POV, we've increased the rent three times while we've owned our rental and two off those was when we were getting in new tenants after the previous one's had left.... we figured if they thought it was too high, they wouldn't rent it. We've also charged less than the local "market" rate for our area.
The other time, we considered both the tenant's ability to pay for the increase (after a discussion with them) and what increased costs we faced.
But every tenants and landlords situations are different and although the tenants didn't tell us what their wages were or how much they'd increased, we negotiated a figure we were both comfortable with.... but I also think we'd be in the minority of landlords who would do that and instead just inform the tenant what the new rent would be.
Personally, I hate the attitude that some landlords have.... "if the tenants don't like the increase, they can always move out." I'd rather the tenants know that we care about them and their situation and so they look after the property while we maintain it for them. Win-win!!!
The other time, we considered both the tenant's ability to pay for the increase (after a discussion with them) and what increased costs we faced.
But every tenants and landlords situations are different and although the tenants didn't tell us what their wages were or how much they'd increased, we negotiated a figure we were both comfortable with.... but I also think we'd be in the minority of landlords who would do that and instead just inform the tenant what the new rent would be.
Personally, I hate the attitude that some landlords have.... "if the tenants don't like the increase, they can always move out." I'd rather the tenants know that we care about them and their situation and so they look after the property while we maintain it for them. Win-win!!!
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And something from the archives to make you realise that trying to scare voters isn't something new...
Oh, and Muldoon lied.... he didn't hand the money back but used it to fund his "Think Big" projects.
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Nobody is reading this thread right now.
