Quote Originally Posted by Bjauck View Post
If you toughen up the rental property requirements, some landlords will decide that it is not worth providing rental accommodation. Unless you want increased homelessness for those less than perfect tenants, the government has to provide more state or social housing. National has said to will turn back some of the reforms so presumably fewer landlords would then leave the market.
It is not just existing dwellings. Take into account the consents issued for new builds - looking like about a third of all consents are for multi unit dwellings (March 2020). It is clear that some developments are falling over, most will be lack of financing (probably fewer sales off the plan than expected) because Minister Woods is tipping hundreds of millions into those failing projects. Ask yourself who are important buyers of higher density developments and what the impact on the rental market might be if those buyers don't step up. Obviously some are not hence all that taxpayer money.

Next question, if the developments do proceed who will buy them? Perhaps Minister Woods has consulted the Kiwibuild experts, but more likely the deep pockets of Kainga Ora.