Ray White Now | Back to Basics Real Estate Edition 70 | Page 24

Big month for property management change

Zac Snelling Head of Property Management Ray White New Zealand
May has us still stunned by the Government ’ s recent announcement that it will not pursue the Property Manager ’ s Bill through Parliament despite widespread support from industry bodies , including the Real Estate Institute of New Zealand ( REINZ ) and the Residential Property Manager ’ s Association ( RPMA ).
Housing Minister Chris Bishop made the announcement earlier this month , saying politicians were choosing instead to focus on policies to ‘ actually get more houses built ’ rather than ‘ adding more regulation to the rental sector ’.
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