Stuff
The bright-line test has been doubled in length and tax loopholes have been closed as the Labour Government moves on property speculators.
Dunedin has experienced a meteoric rise in house prices over recent years but remains a more affordable option than many North Island centres. In common with markets around the country, Dunedin has seen rapid strong price growth in the wake of last year’s lockdowns. CoreLogic’s latest data shows its average property value was up by 15.4 per cent over the year to March, at $620,990. That’s an increase of $82,965 on the same time last year.
John Bisset/Stuff
Do you know your rights as a tenant? Don t worry, we ve got it covered.
It’s exciting to be a first-time tenant but there’s a lot of important information you need to know before moving into a rental. So here’s a guide for newbies on the rental scene. Pinning down a new home Finding a rental is much harder now than it used to be. But that shouldn’t prompt you to commit to paying more than you can afford, or providing more information than you have to, in a bid to secure a property. It is important to know your rights in this area. Recent tenancy law reforms outlawed rent bidding, so rentals can’t be advertised without a rental price listed, and landlords can’t “encourage” tenants to pay more than the advertised amount.