National have bungled the housing market and the crazy prices are turning us into a nation of renters. Renting is the norm in many countries, but they typically have better legal protection for tenants than us. So this move by Labour is both realistic and timely:
Making renting secure and healthy
“Labour is committed to restoring the Kiwi dream of owning your own place. We also recognise that long-term renting has become a reality for more families, but the current law creates instability and insecurity for many.
Labour will extend notice periods to 90 days so that renters have the time they need to move their lives. We will also abolish “no-cause” terminations. Rent increases will be limited to once a year instead of the current six months, and the formula for increases will need to be set in tenancy agreements so that tenants know what to expect. Letting fees will also be abolished.
“Labour will pass the Healthy Homes Bill into law, ensuring that all rentals are warm, dry, and healthy to live in. We’ll help with this by offering landlords $2,000 grants for insulation and heating. These measures will help stop our kids getting sick and dying of preventable diseases that have no place in a country like New Zealand.
“This package has been designed, based on international examples, to get the balance between tenants and landlords right.
“It’s time to make renting a stable, healthy option for families. Let’s do this,” says Jacinda Ardern.
Decision 17: Labour takes the side of renters
Labour strengthens renters’ rights with limits on rent rises, 90 day notices
Labour’s rental plan: no more letting fees and longer notice periods
Labour’s generation rent plan
While National revert to type with populist scaremongering, Labour is getting on with the business of releasing practical policy that supports real people and addresses real problems.
— Newshub Politics (@NewshubPolitics) September 3, 2017
Labour's generation rent plan https://t.co/kEgEhPgFRV
— RNZ News (@rnz_news) September 2, 2017