Building or renovating is a highly complex undertaking, full of risk but with an abundance of reward if it all comes together.
Kiwis love their homes and we love to make them better, but managing the risks means having to do some homework around the rules and regulations and not just abdicating responsibilities to your building professionals. The hardwork starts here…
If You’re Building This:
Building Industry Resources – from Websites to Product Listings
You’ll also need to be in contact with your local council, you’ll need to make decisions around products for your home, keep on top of your budget, manage the building project even if you’re not the project manager. You’ll see contacts for industry organisations in case things don’t work out well, hints and tips around designs .
We have an abundance of resources for your build in this website, from details on:
Be sure to check out our Design Guide website – articles written by architects showcasing a project they’ve done. Our 2015-2 edition covers strategies for ‘affordable architecture’…check it out here…
When buying your first home the big cost you focus on saving for is understandably the deposit. However, it’s also important to remember that there are other costs in the home-buying process and ensure you have money set aside to cover them.
A LIM report is a Land Information Memorandum report, and it is produced by the council which governs a property. It covers everything the council knows about the property, including important information like zoning, resource consents, whether the property or any trees on it are protected, and a lot of other relevant information.
It is important to get a LIM report for any property you are interested in buying, and to look it over with your lawyer. The cost of a LIM report depends on the council which issues it, but is generally between $250 and $400.
A pre-purchase building inspection is a top-to-bottom, non-invasive visual inspection of a property. The inspection is to identify any significant defects, overdue maintenance, possible future problems, poor building work, or other areas of concern. While an inspection can’t detect every problem with a house, it is important to get any house you are interested in inspected to spot if there are likely to be expensive issues down the track.
While there are no formal qualifications or training required to be a building inspector, the New Zealand Institute of Building Surveyors is an organisation that specialises in coordinating and regulating pre-purchase building inspectors. Using an inspector who is an NZIBS member is a good way of ensuring your inspector knows what they are talking about and uses the official forms.
A building inspection usually costs between $450 and $1,200, depending on the house and the quality of the inspector.
A lawyer is a necessary part of the home-buying process, but they can be costly. Depending on the lawyer or firm you use you may pay an upfront fee or by the hour. These fees usually start at around $1000 and can extend to over $2000.
Loan application fees
Some lenders charge loan application fees of around $400, but this will depend on which lender you end up going to for your mortgage.
All lenders will require you to insure your property as a condition of your mortgage. The cost of this is based on the value of your house. It’s also a good idea to look at mortgage protection insurance and life insurance as well. These things are all worthwhile to have but can become expensive.
Registered property valuation
A registered property valuation is when a registered property valuer makes a determination of the market worth of the house or property. The valuer comes up with the worth of the house by doing a thorough inspection of the property, looking at zoning and resource consents, and analysing the market and other comparable house sale statistics.
Most lenders will require a registered valuation before they issue a mortgage, as they need to know how much the house is worth and how much they can loan you.
A property valuation costs around $600 to $1000 depending on the size and location of the property.
Types of ownership
House and land, you own the whole thing.
You own the house or apartment, but you don’t own the land – instead you pay yearly to lease it.
There are different types of leaseholds, but a commercial leasehold is the one you should be most cautious about. Many apartments are operated on commercial leaseholds, and advertise a very low leasehold rate for the first year – then the next review comes and the price goes up by 100%. The important things to find out are how long it is till the next leasehold review and how much the increase is likely to be.
Banks will often loan less money towards a leasehold property than freehold.
This was a popular way of subdividing property a few decades ago. Essentially you own a share of a freehold title. There may be conditions on the title as to what you can do with your house, and your neighbours might have to approve any renovations – so it’s worth getting a lawyer to review the title.
Strata or unit title
This type of ownership is common for townhouses and apartments. You have ownership of your unit and an undivided share of any common areas. You will have to pay body corporate fees to fund the upkeep of those common areas, plus things like building insurance.
Welcome Home Loan
The Welcome Home Loan is offered by specific lenders and supported by Housing New Zealand. It is designed to assist people who can make the payments on a mortgage but are having difficulty saving a large deposit.
With a Welcome Home Loan, you only need a 10% deposit, and your loan is underwritten by Housing New Zealand. To be eligible for the loan you need to meet all of the criteria for the HomeStart grant, except for being a KiwiSaver member, plus the specific lender’s borrowing criteria.
KiwiSaver HomeStart grant
Along with being able to withdraw money from your KiwiSaver account, members are eligible for a grant of up to $5000 each if you meet the following criteria:
· Have contributed at least 3% of your income to KiwiSaver for at least 3 years.
· Have 10% deposit including the grant.
· Have a before-tax income of less than $85,000 for one person, or less than $130,000 for two or more people, in the 12 months prior to applying.
· Be planning to live in the house for six months after purchase.
· Be buying a house under $600,000 in Auckland, $500,000 in other major metropolitan areas, or $400,000 throughout the rest of New Zealand.
· Or be building a house worth under $650,000 in Auckland, $550,000 in other major metropolitan areas, or $450,000 everywhere else.
If you qualify you are eligible for $1000 per year you have been in KiwiSaver, up to a maximum of $5000. If you’re buying with another person and are both eligible you can get up to $10,000 in total.
If you’re buying a new-built house, or building a new house, you are eligible for $2000 per year you have been in KiwiSaver, up to a total of $10,000, or $20,000 if you’re buying with another person.
WORKPLACE HEALTH AND SAFETY
Asbestos is New Zealand's primary reason for workplace death. The government points out that close to 170 people die every year from asbestos-related diseases.
With so many casualties, there is no surprise that the Health and Safety at Work Act that came into force has changed the way workers manage asbestos if they come into contact with it. However, this change could catch a number of people off guard.
Health and safety in the workplace can be impacted by asbestos-containing materials.
What responsibilities do workers and business have?
Asbestos is a grouping of materials that were commonly used up until the 1990s. It was a favoured building material due to its strength, durability and resistance to both fire and water.
As a result of its versatility, it was used for a number of different applications and can be found in a wide variety of locations. These include roofs, ceilings, external cladding and eaves.
Due to health risks that asbestos presents, the government introduced the Health and Safety at Work (Asbestos) Regulations 2016. The new regulations ensure that all workers and the person conducting a business or undertaking (PCBU) are aware of their responsibilities.
For example, if a PCBU is unsure as to whether asbestos is present within a workplace, Section 48 determines that it is the PCBU's responsibility to ensure an inspection and analysis of a sample is conducted.
What obligations do workers and companies have?
Managing asbestos removal
Alongside changes to the structure of workplace health and safety, the new regulations also introduce a new licensing system for asbestos removal. The system divides removal into two licenses.
Class A allows any type or quantity of asbestos or asbestos-containing material (ACM) to be removed. This includes friable asbestos and ACM, asbestos-contaminated dust or debris (ACD) and non-friable asbestos. Class B only allows for the removal of non-friable asbestos or ACM or any amount of ACD.
Alongside this, from April 2018 the government will require PCBUs who engage in the removal of asbestos to have an asbestos assessor's license. An assessor will provide air quality monitoring while removal work is being undertaken, investigate the finished job and sign off on it.
For PCBUs, if they commission the removal of asbestos it is their duty to make sure that the work is completed by a licensed removalist.
One of the major problems that comes with asbestos removal is coordinating with the multiple PCBUs that are typically involved in a project. With traditional paper-based systems, it can be hard to communicate responsibilities and activities among workers and construction companies.
One way to overcome this is through the use of safety software that is mobile applicable. If you would like to learn more about how asbestos removal and safety apps can work together.
ANNUAL CONFERENCE “EXPECTATIONS” Friday 27th July 2018
Jet Park Hotel Auckland Airport 63 Westney Road Mangere Auckland Airport
This year’s Annual Conference will focus on the broader Expectations of those providing services to involved in the buying and selling of properties.
All to often the various parties to the sale and purchase transaction work independently when there is clear a common interest that would benefit from a more col- laborative approach to ensure that this process runs smoothly from start to finish.
While there will always be disagreements (this is a ne- gotiated settlement process between the parties in- volved) ultimately all those involved must come to an agreement for a successful conclusion.
Understanding the requirements and expectations of those involved will help lessen the potential conflicts resulting in a faster smoother transaction.
So what are the expectations of those involved — the banks, the real estate agents, insurers or other special- ist sectors — that provide services to buyers and sellers from the building inspector?
That’s the question the Institute is asking at this year’s Annual Conference. If you wish to attend and hear what these groups have to say please complete the attached registration form and return it with payment as directed.New Zealand Institute of Building Inspectors Inc P.O. Box 4161
Tel/Fax: 09-435 4255, Mobile: 021-0261 7553 Email: email@example.comFriday July 27 2018 Venue
Housing and Urban Development Minister Phil Twyford has revealed the criteria for buyers to qualify for KiwiBuild homes.
OPINION: Kiwibuild's income criteria are so broad that most households will qualify. The result is a policy aimed firmly at the middle and high-income earners or New Zealand.
Kiwibuild need not be a failure, if it manages to build more homes without disrupting current supply, and improves construction sector capacity to build more and better homes.
But Kiwibuild will not build houses for home ownership for low-Income households. Rather, it is aimed at middle and relatively high-income households: a single person with income of $120,000 and a couple's income of $180,000.
A generous income cap was unavoidable. Houses built to sell need people with incomes to service a mortgage and who have already saved a deposit. Realistically, a low-income household doesn't meet those criteria.
* KiwiBuild registration: Close to 6000 people want in
* KiwiBuild: Couples earning up to $180k will be able to buy homes
* Why the Government is letting the rich buy KiwiBuild homes
If KiwiBuild wanted to improve housing conditions for low-income households it would have focussed instead on boosting state housing, community housing, build-to-rents (that is, build new homes for the exclusive purpose of renting them out) and assisted ownership (like the shared equity programme run by the likes New Zealand Housing Foundation).
If it really wanted to make KiwiBuild houses affordable to buy for low-income households, the houses needed to be much cheaper. Because land is the largest part of a home's cost, KiwiBuild would need houses on well-organised leasehold land.
A good long-term lease over say 70 or 100 years is doable for the government. Last year, Austria borrowed for 100 years at 2.1 per cent. Interest rates have moved up since then but they are still more affordable than paying for land upfront.
If the land was leased at the servicing cost of a 70 or 100-year bond rather than the upfront cost of land, many more lower-income households would have qualified. The upfront cost of a $600,000 home would halve, and the cost of lease would be modest. It would require outside-the-box thinking and public service innovation. Not much sign of that around KiwiBuild yet.
There are other ways KiwiBuild can help, by boosting supply, building types of houses that would otherwise not be built, and building capacity in the construction industry.
KiwiBuild plans to build 100,000 houses in the next decade. We already build around 200,000 a decade. The trick will be to ensure KiwiBuild doesn't just cannibalise houses we would have built anyway.
Shamubeel Eaqub: "If it really wanted to make KiwiBuild houses affordable to buy for low-income households, the houses needed to be much cheaper."
It is possible for the government to boost supply. We did that in the 1950s, when the government built state houses, but only in modest numbers.
The biggest increase came from long contracts government entered into with builders and a guarantee to buy new subdivision houses at an agreed discounted price.
Builders confident of income from other sources and a guaranteed buyer at a minimum price built more spec houses and had plenty of motivation to innovate to keep costs under control.
Costs are going to be a big issue for KiwiBuild, because our construction sector is not very efficient. Productivity in the sector has not improved much in the last 30 years. A big increase in construction would need to bring in perhaps 50,000 more builders at the peak. That will take time to train people here or bring in workers from overseas.
Alternatively, we can look to more prefabrication and structural insulated panels. By building in factory methods, construction costs will come down and homes will be built much faster. Sweden effectively did this with its million-homes programme that started in 1960s.
However the houses are built they should aim to fill gaps in the market. Currently we do not build enough medium-density and small homes. KiwiBuild should aggressively increase supply of these kinds of homes.
We should also build homes to a better standard. In a research report I wrote for the Green Building Council, it was clear that the running costs of a high-quality home is lower than those built at the current building code. It would make it easier for households to repay their mortgage if we built more energy-efficient and well-ventilated homes.
KiwiBuild will not help low-income households buy homes. But it can still help if it manages to build more small, dense and high-quality homes. It could still improve by selling a portion to institutional long-term landlords like in Europe, but that doesn't appear to be part of the mix.
The long-term fixes for low-income households are still through more state houses, better rental policies and mass reform of land supply and infrastructure financing.
Shamubeel Eaqub is an independent economist.
Labour promised 100,000 new homes in 10 years. Its first deadline is 1000 built by July 1, 2019.
NEW POOL SAFETY RULES CHANGE FENCING REQUIREMENTS
NOTE: The information presented in this article may be outdated. Please refer to this page for the most current information. Thank you!
The regulations around small heated pools, such as spa pools or hot tubs changed.
Parliament passed the Building (Pools) Amendment Bill, and repealed the Fencing of Swimming Pools Act 1987 including new pool safety provisions from the Building Act 2004.
Spa's and hot tubs no longer need to be fenced, providing they meet the following criteria:
Improving house inspections
BUILDING INSPECTORS who received low marks from the Consumers’ Institute for failing to properly assess homes for prospective buyers need to lift their game by using the Standard for Residential property inspection (NZS 4306:2005), says Grant Thomas, General Manager Marketing at Standards New Zealand.
The voluntary Standard was published in 2005 in response to events in the building industry relating to weather tightness and durability and concerns that many property inspections were not picking up important defects. “The sale or purchase of residential property is an important decision, which should be backed up with accurate knowledge of the property,” says Grant. “This Standard introduces consistency and reliability into the inspection of residential properties, to ensure that as far as possible, significant defects are identified.”
The Standard is useful for:
The Consumers’ Institute describes the performance of building inspectors as ‘poor’, following a recent survey it undertook of 10 inspection companies, and says that house inspectors missed many potential problems.
“The Standard will help building inspectors and building consultants to identify these potential problems,” says Grant. “It provides clear guidelines to property inspectors and gives home owners, vendors and financiers the assurance they need that any significant defects have been identified.”
Standards New Zealand recommend that homeowners insist that a property inspection is carried out according to the residential
property inspection Standard and that the inspector is willing to certify this in writing.
Written property reports should be accompanied by a residential property inspection certificate (NZS 4306:2005 PADS), which certifies that the property inspection has been carried out in accordance with the Standard and includes a summary checklist of the features inspected.
What the Standard Covers
The residential property inspection Standard covers a range of issues concerning pre-purchase property insections and reportin, including:
We are inspired to look at our business differently! aiming to do business with "Sustainable Development Goals" (SDG's) in front of mind; thinking out side the box, planning better smarter ways using the power of doing (GOOD) business differently to solve some of the worlds critical issues.
Savvy Houz Inspections (NZ Tradies Ltd are recently joined; members Canterbury Employers Chamber of Commerce and attended an amazing conference called "Inspire Canterbury - Business for Good" It was jam-packed with inspiring speakers, hearing their stories of success and how change is redefining what good business looks like, trailblazers of social enterprise from New Zealand and beyond, an array of awesome big businesses bringing purpose to life and not to mention our incredible MC and opening speaker Nigel Latta.
It was very motivating and thought provoking, well worth attending.
Savvy Houz Inspections
A Home Inspector examines the observable systems and components of real property that are readily accessible (VISUAL ONLY - NON INVASIVELY).
The major concerns are Roof, Foundation, Windows, Heating/ Cooling, Plumbing and Electrical. You will be provided a comprehensive written building report that will list any significant defects that reduce the functionality or structural integrity of systems or components or conditions that pose a significant health or safety risk that a home inspector has knowledge of or has observed. The report also describes the condition of systems or components that, if not repaired, will have significant adverse effect on their life expectancy.
No House is Perfect
Even brand new homes can have imperfections. But that doesn’t mean you should give up on your dream home. It does mean that when you feel you’ve found the right house, you need to go one step further and find out what issues are present and what the significant financial, health and safety implications are. Buying a house is one of the biggest investments most people will ever make, so it makes good sense to have it checked out by one of the best inspectors available.
Why have a home inspection performed?
The unknown can be a source of anxiety for any home buyer or seller. A home inspection is for buyers or sellers who want to know more about major financial, health or safety issues that are discovered prior to the transfer of ownership. After deciding that a home is suitable in terms of location, size, interior layout and other lifestyle factors, it is very important to learn about the systems and components that pose a significant financial, health or safety exposure. As a buyer, don’t wait until after you move in to find significant concerns; as a seller, don’t wait for the buyer’s home inspection results and be under a time constraint to address issues you did not realize you had. Hire a well experienced/ trained Home Inspector.
Some questions answered during an inspection?
Our custom inspection reports will identify the systems and components, their observed condition and what, if any, recommended corrective action (maintain, repair, replace, further evaluation) is advised.
How long does it take?
The time to perform a thorough Home Inspection and produce a comprehensive Report will vary according to the size, age and condition of the house. Other influential factors are the accessibility (or lack thereof) of the roof, and/ or crawl space, electrical and the hot water heater. For example, a 15 year old, 150 msg house man take about 3-4 hours to inspect and finish the written report.
It is important that you choose your inspection company carefully. There are government regulated bodies that oversee their qualified building memberships; Ministry of Business, Innovation & Employment (MBIE) Licenses Building Practitioners (LBP) New Zealand Certified Builders (NZCB) Membership requires passing strict qualification checks, vetting of client and business relationship references, professional Indemnity & public liability Insurance requirements, continued training and adherence to the strict Standards of Practice and Code of Ethics.
If you choose an inspector who is not a member of one of these organizations, you run the risk of getting a less than adequate (or accurate) inspection report.
How much lead time is required to book an inspection?Depending on the time of year, you should allow yourself at least 5 – 7 business days to be sure of arranging a time that works for everyone involved. Good inspectors are often booked out over a week. Don’t wait till the last minute to schedule your inspection.
The purchase of a home is one of the most exciting and important decisions you’ll make and you can’t afford to get it wrong or gamble on the outcome. So, before you buy your next house, call Dean Norrie at Savvy Houz Inspections to schedule your inspection.
All our House Inspectors are Experienced Builders with LBP Licenses - call today 021 143 2995
Building inspections which fail to pick up serious problems can be catastrophic for home buyers. In 2013 the Wellington High Court awarded damages of more than $200,000 to homeowners who unknowingly bought a leaky home based on a poor-quality inspection report. The judge ruled the inspector had failed to exercise reasonable care and skill and had breached the Fair Trading Act by providing a misleading report.
A similar case is making its way through the Auckland High Court. The buyers of a leaky home in St Heliers are suing the sellers of the property and the building inspector who provided a report on behalf of the sellers.
It seems the same house or property can receive quite different assessments from private building inspectors. After Wellington was rocked by a sizeable earthquake in August 2013, Julie Watson (not her real name) decided to have her house assessed for earthquake resilience. The inspection identified some urgent fixes – water cylinders had to be strapped to the framing and floor joists had to be fixed more securely to the house piles. However, there was nothing to suggest expensive repairs were needed.
Less than a year later Julie’s house was randomly selected for a research project that was investigating the condition of Wellington houses. A private building inspector – but a different one this time – was sent to Julie’s house. Again the cylinders were picked up. But Julie was told half the piles needed replacing. The likely cost of repairs was tens of thousands of dollars. One house, two very different assessments – Julie is left wondering which inspection she should rely on.
Key risksRoger Levie, CEO of the not-for-profit Home Owners and Buyers Association of New Zealand (HOBANZ), believes the variable quality of pre-purchase building inspections is a huge problem. He told us he’s often hearing horror stories about buyers relying on reports that were later found to have missed major property defects.
Roger’s organisation was originally set up to support homeowners who found themselves with leaky and defective properties. A PricewaterhouseCoopers study from 2009 estimated that between 22,000 and 89,000 dwellings could be leaky homes and less than 10 percent had been repaired. In Roger’s opinion, many of those who have set up shop as building inspectors simply don’t know what to look for when these unrepaired homes are offered for sale. According to Roger, it’s not unusual to see from the photos in these reports glaring defects that have been missed by the inspector.
It’s not just the risk of buying an unidentified leaky home that buyers need protection from. Many home owners fail to adequately maintain their houses, which can mean unexpected and expensive repairs for an unsuspecting buyer.
In 2010 the Building Research Association of New Zealand (BRANZ) found that only 42 percent of owner-occupied homes had few defects and therefore were in “good or excellent condition”. The majority – 58 percent – had significant defects. BRANZ estimated that the average value of the repairs and maintenance required for these houses was $12,000.
BRANZ found that where maintenance had been done, it tended to be interior maintenance and cosmetic with “…less visible things considered to be of lower importance”. These are the type of superficial improvements that can dazzle an unaware buyer. The results for rental properties were even worse, with only 22 percent in good or excellent condition.
A key job of the building inspector is to identify areas where maintenance or work has been inadequate.For example, BRANZ found that 32 percent of owner-occupied homes had gaps in their ceiling insulation and in 25 percent of homes the insulation had been poorly installed. BRANZ attributed this to DIY – installing ceiling batts is something owners often do themselves.
Consumer protection You can protect yourself against buying an inadequate or misleading building inspection.
You should only agree to buy inspections that comply with a “Residential Property Inspection Standard”. This was issued by Standards New Zealand in 2005 (it’s known as NZS4306). Inspectors don’t have to carry out an inspection to NZS4306 but you should insist on it.
NZS4306 requires a visual inspection only – it has no invasive tests. It’s basically an extensive checklist covering the interior, exterior, subfloor space and roof space. However, it doesn’t prescribe how a component of the house is to be inspected. Inspectors are also required to have a relevant “technical qualification” but what this means in practice is not defined. HOBANZ is dissatisfied with the standard and is working to develop an alternative approach.
While it could be better, NZS4306 does have the benefit that inspectors are required to have professional-indemnity insurance. This gives you added protection. There’s a risk inspectors will claim their reports comply with NZS4306 when they don’t. You should ask for proof that the inspector has professional- indemnity insurance. And check, too, what is and isn’t covered by the policy.
Trap for young playersWhen arranging an inspection, make sure the inspection report is addressed to everyone who is relying on it to make a property purchase. This includes family trusts. In August the High Court ruled that an inspector wasn't liable for a misleading inspection report because the property was purchased by the client’s company, not the client herself. This problem would have been avoided had the inspection report been addressed to both the client and her company.
Competency signpostsThere is no licensing regime for inspectors – anyone can offer the service. So there’s no guarantee they’ll be good at their job even if they do carry out an inspection that covers all the areas mentioned in NZS4306. But three professional organisations are attempting, through their processes for registering and accrediting members, to help consumers find good-quality inspectors.
The NZ Institute of Building Surveyors (NZIBS) offers a registration process for building inspectors. To be registered an inspector must have a relevant building qualification (for example, from the architecture, construction or engineering disciplines), have passed the NZIBS registration exam, be currently providing inspections and have received extra NZIBS training in weather-tightness if they report on that. Each year they must complete additional learning required by NZIBS and have professional-indemnity insurance.
There are currently just over 100 registered members throughout New Zealand. Demand for their services is high (they are often involved in weather-tightness court cases and remedial work). So only a few registered members offer pre-purchase home inspections. We counted 20 in Auckland, 5 in Wellington and 10 in the South Island.
The core area of business for the Building Officials Institute of New Zealand (BOINZ) is supporting, through ongoing training, local-authority employees who work in the area of building consents. However, since 2007 BOINZ has offered an accreditation process for private building inspectors. The key benefit of this is that BOINZ accredited members must comply with NZS4306. Not only must they provide proof of this to get accreditation, but to remain accredited the inspector must submit reports each year for review. Currently there are just 14 accredited members, but BOINZ says the queue of members applying for accreditation is growing. Accreditation is the key to using BOINZ members: it’s accreditation that signals some minimum level of competency, not membership itself. We’ve seen reports where an inspector has highlighted his BOINZ membership, which was enough to reassure the customer. However, BOINZ only recommends using accredited members, which the inspector wasn’t.
The latest arrival is the New Zealand Institute of Building Inspectors (NZIBI). Chief executive Neville Scott says to get NZIBI registration inspectors will need to demonstrate they understand how to undertake an inspection correctly, report their findings in a clear and concise manner, and undergo ongoing professional development. NZIBI currently has 18 members.
What to payYou can expect registered or accredited inspectors to be at the higher end of the fee scale for building inspections. This is partly because of the cost of professional-indemnity insurance.
Kaizon Ltd has several NZIBS registered inspectors. It told us an inspection of a three-bedroomed weatherboard house in Albany could cost around $890. House buyers can find cheaper options – some as low as $213 for an oral report only. While that’s attractive to buyers who may have to buy reports for several properties,the downside is they’re relying on an inspection which may be wildly inaccurate.
Lifting the barMore could be done to improve the quality of inspectors. NZIBS, BOINZ and NZIBI could do this voluntarily – by doing unannounced spot inspections on their members as the Royal Institution of Chartered Surveyors does in the UK. Or they could require more demanding professional development from members. Introducing formal licensing of inspectors is another option. But lifting the bar for inspectors would do little to resolve the practical problems facing consumers. It would do nothing to increase the supply of accurate reports. For that to happen something more fundamental is needed (see “What if …”).