landlords
adsense

 

PHOTO: Landlords

Renters are horrified at a landlord’s call for higher rents to punish tenants for voting Labour.

But officials say the landlord isn’t doing anything illegal.

A Hamilton-based landlord took to Facebook earlier this week to encourage fellow property investors to tell their tenants 10 percent rent increases were on the way if Labour wins the next election and introduces a capital gains tax (CGT).

“What if we all said to our tenants across the whole of New Zealand, ‘Look, I need to apologise in advance, but unfortunately you’re looking at a 10 percent increase in rent if Labour gets in and introduces CGT on rentals,” the property owner wrote on the Property Investors Chat Group NZ Facebook page, which has nearly 20,000 members.

READ MORE VIA NEWS HUB