Ray White Now | Finding Balance Edition 82 | Page 28

THE PET CLAUSE IS COMING
Soon, new tenancy laws will require landlords to reasonably accept pet requests, he adds.“ This will be disruptive but represents another opportunity.”
“ One in three Kiwi households has a pet. Yet, many landlords remain reluctant to engage on the subject. That mindset needs to shift. Smart landlords are already discussing pet-specific policies with insurers and implementing clear agreements that protect their assets while respecting their tenants.
“ Why? Because pet-friendly homes often lease faster, attract better tenants, and experience lower turnover. When tenants feel at home, they’ re more likely to stay and treat the home with care and respect, like it’ s theirs.”
COMMUNICATION IS CURRENCY
Snelling says that if you haven’ t spoken to your tenant in the past month, you’ re doing it wrong.
“ Great tenancies start with great relationships. With rental inflation at a 15-year low, tenants have options.
“ If you’ re not offering value, someone else will. Proactive communication helps identify issues early, builds goodwill, and prevents disputes.
“ A quick check-in today could prevent a costly vacancy tomorrow.”
A LOOK UNDER THE HOOD
Despite headlines about landlords exiting the industry, Snelling says the reality is not quite as black and white as it appears
“ Yes, some investors are currently selling up, but by and large, those who wanted out have already left. What remains is a core of committed, strategic investors, poised to benefit from an undersupplied market.
“ Investor-targeted sales listings have dropped. Onebedroom units remain scarce. Rents are down nationally, but only $ 27 a week on average. In Otago, they have surged by 10.80 per cent.
“ National trends obscure local nuance, which is why local expertise matters, and we encourage anyone considering their investment options to reach out to our nationally positioned teams for on-the-ground advice.”
YOUR GUIDE TO WHAT’ S NEXT
“ As we pass the compliance threshold, the next phase is not about survival, but optimisation.”
Ray White has just relaunched our Landlord Guide, a comprehensive resource that provides everything investors need to make informed decisions in the current climate.
A FRAGMENTING WORLD
“ Zooming out, the global macroeconomic picture is shifting,” he adds.
“ The return of U. S. tariffs under President Trump 2.0, ongoing geopolitical fragmentation, and weakening foreign direct investment flows all suggest capital is becoming more selective. New Zealand stands to benefit in some areas.
“ Our political stability, transparent institutions, and highquality real assets make us attractive for capital flight from riskier regions. A weaker USD also makes NZDdenominated assets relatively more appealing.
However, global liquidity tightening may lead to changes in borrowing conditions.
“ Meanwhile, domestic dynamics are evolving. Auckland Council has been directed to support higher-density housing near City Rail Link stations, but standalone homes still dominate Kiwi aspirations.
“ Townhouses remain a popular middle ground, and value gaps in three-and four-bedroom homes have narrowed, presenting interesting trade-up and downsize opportunities.”
Scan the QR code to access it for free.
“ In an environment defined by nuance, agility and complexity, success is no longer just about owning an investment; it’ s about managing it well.”
Snelling says,“ Ask yourself, when was the last time you reviewed your property portfolio like a business?”
“ The best landlords aren’ t reacting to change; they’ re already one step ahead of it.”
For more information about Ray White’ s Property Management offering, visit pm. raywhite. com.
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