News
Budget delivers warm blast
Friday 5th of June 2009
One of the more exciting things in what was a rather dull Budget last week was funding for home insulation jobs.
This is an idea the previous government started and National initially trashed when it took over the Treasury benches. Seeing it pick the policy up again is, pardon the pun, but warming news.
It’s also something which the media has really got its teeth into too. There are plenty of stories about the “ice blocks” people live in and how cold New Zealand houses are.
Over the week I’ve also heard lots of stories about the old, cold houses and flats people have lived in before, and there are plenty of these stories.
The other thing which has caught my attention is how many people have asked about rental properties and whether landlords are going to get their investments insulated.
To me it is a no-brainer. Provide a good property and you will get better quality tenants, keep them longer and even charge higher rents. But unfortunately it seems not many investors have, in the past, been prepared to do this.
I hope that this attitude changes and landlords wake up to the offer which the government is making.
Meanwhile, if you are a landlord and have insulated a property I’d love to hear from you to find out how you went about it, and what the end result was. You can send an email to thelandlord@landords.co.nz
This is an idea the previous government started and National initially trashed when it took over the Treasury benches. Seeing it pick the policy up again is, pardon the pun, but warming news.
It’s also something which the media has really got its teeth into too. There are plenty of stories about the “ice blocks” people live in and how cold New Zealand houses are.
Over the week I’ve also heard lots of stories about the old, cold houses and flats people have lived in before, and there are plenty of these stories.
The other thing which has caught my attention is how many people have asked about rental properties and whether landlords are going to get their investments insulated.
To me it is a no-brainer. Provide a good property and you will get better quality tenants, keep them longer and even charge higher rents. But unfortunately it seems not many investors have, in the past, been prepared to do this.
I hope that this attitude changes and landlords wake up to the offer which the government is making.
Meanwhile, if you are a landlord and have insulated a property I’d love to hear from you to find out how you went about it, and what the end result was. You can send an email to thelandlord@landords.co.nz
Comments (3)
Jonathan Hall
Hi Jason, it sounds like the new subsidy the government is offering will not be income tested so your tenants wont need community services cards.
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15 years ago
Jason Pegley
Does the tenant still need to have a community services card? I have non residents that are definitely low income but don't have these cards so can I still get this subsidy?
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15 years ago
neville hart
How will a landlord with say 16 to 20 flats occupied by a mixture of high and low income tenants get on for subsidies?Will he be able to get the subsidy for each flat he insulates, or will there be a cutoff point on the number of subsidies available to any one landlord?
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15 years ago
5 min read