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Home / Business

Has your rent gone up?

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9 Dec, 2007 09:59 PMQuick Read

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KEY POINTS:

  • Are you a tenant or landlord - is the squeeze going on the rental market?

A Massey University survey shows rents in February were 7.1 per cent higher than last year. The biggest rises were in Invercargill, Lower Hutt and Napier.

Professor Bob Hargreaves, of Massey University's economic and finance
department, says landlords are feeling the pinch of rises in mortgages, insurance and rates. Another reason for the increase was a reduction in home ownership rates, which meant there were more people wanting to rent.

Has your rent gone up? Here is the latest selection of Your Views:

Discover more

Interest rates

Rents set to rise as housing market softens

03 Dec 08:00 PM
New Zealand

Rents shoot up 7% as landlords feel the pinch

25 Mar 04:00 PM
Business

Apartment owners meet to fight rent rise

21 Apr 05:00 PM
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