VALUE OF QUALITY
As the deadline for compliance with Healthy Homes Standards approaches in July 2025 , the quality of our rental stock has never been more critical . This is a time when the calibre of landlords can make a significant difference to the productivity of an asset .
FINANCIAL PRESSURES AND MARKET DYNAMICS
While the RBNZ might be certain it has contained inflation and cost-of-living pressures are abating , landlords continue to feel the pinch of cost escalation – and not just within their investment portfolios .
Increasingly , we see that the landlords who have invested in their portfolios and maintained them to a high standard are likely to thrive , while low-quality landlords may struggle in an increasingly demanding market where tenants expect , and deserve , more .
At Ray White , we have proactively engaged with our landlords to help them to achieve their goals . We find that even minor upgrades – from new carpeting or garden maintenance – can substantially impact tenant choice .
In the current market , where the choice for tenants continues to evolve , these seemingly minor improvements can make all the difference in attracting and retaining quality residents whilst providing income security for landlords .
While we expect mortgage lending rates to continue to recede - providing some welcome relief for borrowers - the impact will take time to impact cash flow for many Kiwis .
Given these financial pressures , it becomes more valuable that landlords ‘ buy right ’ and consider the future value of their investments . While bricks-andmortar investments like residential property remain an attractive asset class , especially when contrasted against a volatile share market , ongoing management and landlord obligations can appear daunting – particularly for those who are self-managing in an effort to cut costs .
At Ray White , our recently released Ray White Choice products have been instrumental in helping New Zealand ’ s landlords navigate these challenges by offering flexibility and allowing them to tailor services to their specific needs .
Since launching our Ray White Choice product range in May , hundreds of new landlords have adopted them , proving significant demand for customisable solutions in the property management sector .
Photo : 97A Seaview Road , Remuera , Auckland Proudly marketed by Ryan Dixon , Olivia Field & Alex Smith
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