In this episode of ‘From Failure to Fabulous’ Nikki talks with property management expert Melanie Rouse about the Residential Tenancies Amendment Bill and what it means for both tenants and property landlords. They discuss the pros and cons of the end of 90 day no-cause terminations and what the new legislation is likely to mean for occupancy rates, rents and demand for rentals. They also talk about the impact of the big influx of kiwis returning home, what the slowdown in immigration and overseas students is doing to the rental market as well as how changing tenant expectations are affecting rental property returns.

Biography:

Melanie Rouse is the founder and managing director of one of Harcourt’s largest property management franchises nationally looking after more than 3000 properties. She is co-owner of Private Property Management in Auckland and the National Property Sector Group representative for the REINZ. She’s also a member of NZ Property Council and winner of the NZ Property Council’s Women in Property award for outstanding contribution to the industry. Melanie’s talent lies in maximizing the return for the property owner due to her extensive experience in all facets of the real estate industry.

In this episode of ‘From Failure to Fabulous’ Nikki talks with the Chief Executive of the Real Estate Institute (REINZ), Bindi Norwell about why trying to ‘time the market’ in the context of the New Zealand property market is almost always doomed to fail. They discuss the pressures building in the housing market and what’s likely to happen to prices once COVID-19 support factors like wage subsidies and mortgage holidays end. They also talk about effect of the wave of kiwis returning to New Zealand, changes to LVRs and why house prices have maintained record highs across most of the country despite the impact of the pandemic.

Biography:

Bindi Norwell is an experienced business leader and strategist who’s worked in New Zealand, Australia and the UK. She has a strong background in digital media and technology and more than 25 years experience in property, professional services, telecommunications and aviation. She’s been the Chief Executive of the Real Estate Institute of New Zealand (REINZ) for the past three and a half years.

Ashley Church is one of New Zealand’s most recognizable and experienced property commentators and a former CEO of the Property Institute and Auckland Property Investors Association. In this episode of from ‘Failure to Fabulous’ Nikki and Ashley go to the heart of the post-lockdown property market with in-depths discussions on property values and lessons from the GFC and international markets. They also talk about kiwis returning home, future interest rates, home ownership rates and capital gain versus cash-flow positive investments at a time of record low interest rates.

Biography:

Ashley Church was the CEO of the Property Institute of New Zealand from 2015 after leaving the Newmarket Business Association in 2014. He is a past Chief Executive Officer of the Auckland Property Investors Association and a past National Sales and Marketing Manager of Pulse Energy and Mercury Energy. He is currently employed by NZME as a correspondent on Energy, Business and Property issues and has appeared on numerous property and news programmes.