Opinion | The Green Party’s Rent Control Policy
By Aamy Roshan One of the greatest issues facing tertiary students is the ever increasing cost of living. Stats New Zealand found that a quarter of renters spent 40 percent of disposable income on housing. In 2022, Auckland rent prices increased by 3 percent annually. To address this issue, the Green Party has introduced a new Renters’ Rights Bill, which would establish rent controls. But if implemented, what would this entail? What is Rent Control? The current regulations on rental properties allows landlords to only increase rent prices once every 12 months. If renters feel that their rent is disproportionate