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Landlords $1 3 million out of pocket in unpaid rent for first two months of 2024

One Auckland tenant owed a whopping $33,000 for falling behind in rent over just 21 days, while another lay dead in their council flat.

New zealand generalNew zealandSouth aucklandMount maunganuiMaunt maunganuiGaire thompsonTracy nealFrank saxtonPeter lewisZealand property investors federationTenancy servicesBond centreOpen justiceTenancy tribunalRenters unitedNew zealand property investors federation

Unpaid rent: One tenant was $33k behind in rent; another lay dead in their council flat

Landlords around the country are chasing close to $1.3 million in unpaid rent for residential tenancies that ended or were on the brink of ending in the fi

New zealandSouth aucklandNew zealand generalTracy nealGaire thompsonPeter lewisFrank saxtonZealand property investors federationBond centreTenancy servicesTenancy tribunalRenters unitedResidential tenancies actBlockhouse bayResidential tenancies

Absolute shortage of rental housing

The rental market in Southland has too many renters chasing too few houses, resulting in an increase in rents. Todd & Co property manager Berny.

North islandNew zealand generalNew zealandSouth islandDavid faulknerMatthew rosenbergInvercargill city councilTenancy servicesTodd coBerny kisa

Rental property yields tended to flatten out at the end of last year

After almost two years of improving yields on rental properties, they took a breather at the end of 2023

New zealand generalNew zealandHamilton cityNapier cityNelson cityRotorua districtWhakatane districtAuckland regionNew plymouthLower hutt cityTenancy servicesAuckland councilReal estate institute of new zealandReal estate instituteAuckland council ward areasCouncil ward areas

Horrible : Renter lives every day in fear of getting kicked out

More of us are renting – and for longer. Data shows homeownership rates have fallen across New Zealand as residential rental numbers hit a record. One rent

New zealandBay of plentyNew zealand generalKelvin davidsonTim horsbrughDan lusbyMark listerJayden jarvisAndrew warnerCarrie abbottCarmen hallGovernment tenancy servicesZealand property investors federationTenancy servicesWestern bayCoronation street like

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