Tenants not disadvantaged: APIA
It has responded to comments by the NZIER, in which it suggested that part of the solution to Auckland’s housing problem would be to make renting more tenant-friendly, with more security of tenure.
APIA said that was a euro-centric view. President Andrew Bruce said the NZIER had underplayed the attraction of transitionary tenures for tenants.
“Yes, tenants renting executive-style properties usually are after longer fixed-term agreements. However, for your run-of-the-mill renting, tenants like to be able to move more quickly in response to job opportunities and changing personal circumstances. It is out of touch to suggest that tenants do not value this type of flexibility.”
He said an NZIER claim that the short notice requirement in New Zealand made it too easy for landlords to terminate tenancies was incorrect.
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