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: Could we live without public bins?
Many public rubbish bins are being removed by councils due to the large costs of regularly emptying them. Do you think we can adapt and live without them?
Type 'Not For Print' if you wish your comments to be excluded from the We Say You Say column of your local paper.
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12.1% Yes
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87.4% No
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0.5% Other - I'll share below
Are you a first home buyer?
Hello!
Are you a first home buyer? Is your mortgage going up and up with rising interest rates and you’re now struggling to make ends meet? Have you lost the ability to save any extra cash?
We’re reaching out from the Tova show, the flagship weekly politics podcast on Stuff, as we prepare a special episode on the interest rate crunch and how it’s affecting Kiwis - we’d love to hear your stories.
Please comment below if you would like to share your story, or email tova@stuff.co.nz. We give you our commitment to treat your experience with sensitivity and care.
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