QV watching for impact of healthy homes law as property market slows in June

Tue, 02 Jul 2019

By Paul McBeth July 3 (BusinessDesk) - Quotable Value has a watching brief on whether new law requiring proper insulation on rental properties will drive up rents as expected, at a time when Auckland's slowing housing market is dragging down national prices. Regulations requiring landlords to provide adequate heating, insulation and ventilation came into effect from July 1 in an effort to improve the quality of the nation's 600,000 rental homes, although there's a five-year transition period for landlords to comply with the standards dep...

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