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Fears more property investors will sell up amid rising interest rates and high tax bills

It has been another busy and interesting year in our region. We revisit some of our most popular premium stories from 2023. Originally published on February. ....

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Landlords face rhetoric of abuse as rents continue to soar

Landlords face rhetoric of abuse as rents continue to soar
30 Apr, 2021 07:00 PM
6 minutes to read
Some landlords say they are facing abuse as rents continue to rise in the region. Photo / Getty Images
Some landlords say they are facing abuse as rents continue to rise in the region. Photo / Getty Images
Rents throughout the Bay of Plenty region have skyrocketed but landlords say the abuse they have faced due to the housing crisis is appalling .
One property investor felt like a modern-day witch and said she
would have sold up if it weren t for her great tenants. And she is not alone. ....

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Rotorua renting: Region's median hits record $550pw, some 'average' homes higher

Rotorua renting: Region's median hits record $550pw, some 'average' homes higher
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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Rent hits record $550pw: Tauranga tenants lower standards, group together, to get rentals

Rent hits record $550pw: Tauranga tenants lower standards, group together, to get rentals
19 Feb, 2021 05:00 PM
6 minutes to read
Tenants desperate to find a rental are lowering their standards or grouping together to share accommodation with family and friends just to get a roof over their heads, experts say.
Some were also paying more
than $650 a week, leaving very little for necessities such as food, power and clothing and were avoiding paying bills on time to be able to afford to eat.
The news comes as the Bay of Plenty s median weekly rent has hit an all-time high of $550.
Tauranga s median weekly rent is even higher than the region s median at $565, while Rotorua s sits at $470. ....

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