“Most landlords comply with these rules already, but for those who don’t, they will need to upgrade their properties. This investment benefits both landlords and tenants, as it lengthens the life of the capital investment.”
“Nearly one in three New Zealand households rent, and for too long many have struggled to heat their homes affordably and efficiently. Around 200,000 families live in rentals that don’t have ceiling or underfloor insulation.”
Content by Opinion.
Seriously. Housing is very expensive due to a lot of factors in New Zealand and this results in demand for a place to live in no matter how bad it is. You can have a house with violent neighbors with rotten windows, no heating system and literally wet carpets from rising damp and it will still rent out for some high fraction of market rent.
I’ve grown up with capitalism and I’m happy with a moderate form but depending on profit motive to make houses warm healthy and dry is idiotic. Just like food preparation places need to meet minimum standards to serve food rental housing needs to meet minimum standards.
I won’t go into how our current NZBC is not a reasonable minimum here but I’d point it out.