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Housing announcement a blow for those at the bottom

Housing announcement a blow for those at the bottom
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We re in a crisis: Cost of renting continues to rise after record highs

We re in a crisis: Cost of renting continues to rise after record highs Newshub 15/01/2021 Alexa Cook © Image - Getty / Video - Newshub The cost of renting has risen by more than three percent in the past year. The cost of renting has continued to climb, after reaching record highs in November, new figures from Stats NZ show in the past year rents have risen by more than three percent.  While the number of rentals has seen an increase, demand is increasing even faster, making it difficult for prospective renters to secure a house. Jamie Wehipeihana has been flat hunting in Wellington since November. 

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