Demand for rentals down on the North Shore
Kia ora neighbours. While there is a shortage of rental properties nationwide, North Shore landlords are reporting they are struggling to find tenants.
Trade Me Property data showed the number of rentals on the North Shore market increased by 4 per cent in May when compared to June. At the same time, demand in the district dropped by 7 per cent month-on-month.
NZ Property Investors Federation executive officer Sharon Cullwick said a number of North Shore landlords had reported they were finding it extremely difficult to get tenants for their rentals.
“One reason could be that more apartment buildings closer to the CBD are being finished and people are choosing to move into them instead.
Another reason could be the rents being asked for do not meet the market and are too high.”
Are you a landlord struggling to tenant your rental property, or a tenant struggling to find a place to call home on the North Shore? I'd love to hear from you - flick me an email at caroline.williams@stuff.co.nz
Poll: Is it rude to talk on the phone on a bus?
Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.
Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.
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63.8% Yes
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33.7% No
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2.5% Other - I'll share below
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