Meth threat still no.1 fear for landlords
Meth contamination tops a new list of landlords’ concerns – and it is uncertainty which is driving their fears as they await completion of the new testing and remediation standard.
Controversy over Housing New Zealand’s application of the Ministry of Health’s existing guidelines on risky meth levels has led to increased scrutiny of the unregulated meth testing industry of late.
There is growing acknowledgement that some industry participants have been over-zealous in their approach to testing, remediation and the related costs.
But for landlords, until much anticipated new guidelines are in place, uncertainty still reigns as to how to correctly deal with a meth contamination issue.
ANZ’s recent Residential Property Investment Survey, showed that 38% of investors see meth contamination as their biggest worry.
The draft standard will be released soon for public consultation.