Hi There.
With the government not showing any interest in the idea of a property investor register,it is worth noting that private equity firms,particularly in the US and the UK have bought large housing estates that once were affordable public housing.Many of these investors have been accused of using their properties like ATM machines,tenants in and tenants out anyway they can. Many of the properties were in poor condition and have not been upgraded.The only change tenants have noticed,has been the large rent increases,many of these long-term tenants have moved on or made homeless with the loss of affordable housing.
At present there is nothing to stop the same problems from happening here in NZ,with the present government intending to dispose of thousands of state homes around the country.
.The outcome will see rent increases and a growth in homelessness for those unable to pay their rent.What concerns the MTU is that the government will do it,not because they have to do it,but because they want to do it.They are ideologically driven and committed to shrinking the state housing stock.
A landlord/investor register is a good idea,and long over due,the failure of successive National government's to provide affordable housing for all those requiring it,is a sign of market failure on their part.