August Issue of the NZ Property Magazine

Wednesday, August 10th 2005, 12:38PM

As our lead story in the August issue of New Zealand Property magazine points out political policies have played a significant role in party manifestos. Remember National’s change to market rents in the 1990s and the Property Speculator’s Tax (and its rejection by Sir Robert Muldoon) of earlier generations. Well don’t hold your breath for the upcoming 2005 election on property issues.

We went to the parties to sound out their property planks and found little in the way of new or stimulating policy. The government is standing on its record with its first-home buyer scheme announced in the Budget its only major innovation. National’s main new policy is a home-buyer assistance package which includes a $15,000 suspensory loan for state house tenants which could be later written off.

One area where the two main parties have differing views is over the Residential Tenancies Act where Labour is pushing ahead with its stated review while National is pledging to re-review it in line with what it sees as an anti-landlord bais.

See the August issue for what the parties are promising. Subscribe now so you don't miss this fantastic issue.

Elsewhere in the magazine property investors will be intrigued to learn about state house leases as a lucrative property investment. As Diana Clement points out where else are you going to get guaranteed rental returns for 52 weeks a year for up to 15 years.

Christchurch agent Maggie van Rooyen sells New Zealand property to the stars, including singer Shania Twain. She talks to Andrea Fox about how she markets New Zealand real estate to the world.

Is negative gearing a mystery to you? Columnist Ann Loudon explains in detail what it is, how it works, and whether it is for you.

If you’re one of the unfortunates who have been caught up in the leaky building syndrome our tax expert Mark Withers outlines some of the tax and legal issues that have emerged as this difficult issue has gone through the court and negotiating procedures.

Looking for a property region that has rock-solid strong yields? Andrea Fox examines North island region where double-digit yields are the norm even in a tightening market. Also read our commentaries on the housing market, and mortgages, plus our extensive coverage of vital property statistics.

Contents:

Election Special: House of Power - who should be the new tenant? Politicians offer little to property investors.
State Leases - State house tenants, a landlords dream?
Regional Review - Manawatu
Property Strategy - the law according to Lisa
Tenancy Tribunal - Decisions of Interest
Economy - Housing affordability, an alternative view
Accounting - Leaky buildings; legal, accounting and tax pitfalls
Buying Property - Eliminate the risk factors
Investment Strategy - Negative gearing, the good, the bad and the downright ugly
House Grooming - Take advantage of the winter slowdown
Book Shop - the latest property investment titles
The latest Mortgage Rates, Rental Statistics and House Prices
And much more.

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