
Property chiefs give mixed review
Residential rents could rise and historic buildings might be abandoned, say property chiefs who have mixed feelings about real estate changes in the Budget.
Residential rents could rise and historic buildings might be abandoned, say property chiefs who have mixed feelings about real estate changes in the Budget.
The head of Auckland's main landlord group says TV2's Sunday night Renters reflects reality.
A tenant advocate is appalled at TV reality programme Renters, which has featured machete-wielders, rent absconders, hoarders and neighbourhood nuisances.
The red zone cordons around quake-damaged Christchurch city centre have been eased further back today.
The manager of Christchurch's Tenants Protection Association says she's not surprised by new figures that show there could be more than 7000 people classified as homeless in the city.
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Auckland rents are outstripping wages and rising faster than inflation, a four-year comparison shows.
Renters could be in luck, as a turnaround in the market has seen a flood of listings and brought prices to a standstill.
Christchurch landlords are cashing in on the earthquakes by putting up rents by as much as $250 a week - even for rundown bungalows.
The number of mortgagee sales in the first half of this year is close to figures last seen in the recession in 2009.
The Prime Minister has been asked to investigate one of his MPs after Mt Wellington tenant Joshua Tuitupou claimed National MP Jian Yang told him he had to get a Community Services Card before the MP would get the home insulated.
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