30 Apr 2021

Government sought advice on rent controls

From Morning Report, 7:46 am on 30 April 2021

Official advice and cabinet papers have been released regarding last month's housing changes.

They reveal Treasury advised that rent control could have negative results, such as incentivising more investors to sell.

It noted that international evidence shows that landlords will try to find other ways to increase rental income or rents, as soon as the controls end.

Renters United spokesperson Ashok Jacob, and NZ Initiative senior fellow Dr David Law spoke to Susie Ferguson.