Commercial landlords would rather keep their properties empty than accept lower rents. This policy allows councils to force an auction for a lease after a property has been vacant for over a year.

  • Hal@piefed.nz
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    2 hours ago

    Ah interesting policy. Sounds like common sense, helps small businesses (since rents can also go down with a market rent review for smaller businesses), boosts city centres, and has been tested overseas already. I like it!