Rentals will need to be sold with existing tenants in residence under a radical policy to greatly increase renters' rights, released today by Gareth Morgan's Opportunities Party.
The ability to evict tenants will also be reduced, with the conditions for an eviction restricted to non-payment of rent or property damage.
The Opportunities Party (Top) also wants regulations "to prevent existing tenants being priced out of their homes".
Current state houses would be gifted to non-profit social housing organisations under the "Homes Not Houses" policy, with Top saying such transfers had worked well in Australia and the United Kingdom.
Another strand of the policy is to invest proceeds from the Emissions Trading Scheme into improving the insulation and energy efficiency of all homes.