Rents will go up under Labour says Property Investors Federation
A group of landlords has decried Labour's rent plan, many saying they would push up rents if changes come into force after this month's election.
The 816 landlords answered a New Zealand Property Investors' Federation survey and 73.6 per cent said they would increase rents if a 'suite of policies aimed at making it harder for them to provide rental properties was introduced," the federation said.
"More than half of all respondents (54.8 per cent) would increase weekly rental prices between $20 and $40/week."
Joining Ryan Bridge on this is Executive Officer, NZ Property Investors Federation, Andrew King and Labour Housing spokesperson, Phil Twyford.