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
Show us what you've been up to...
Brighten our day, and show us a glimpse into your world, neighbours.
We'd love to see some of the photos you've taken lately or any craft/DIY projects you're working on.
Simply add a photo below 📷🌅 🌻
Warning: These riddles might blow your mind🤯 Try them if you dare! 🚀
What rock group consists of four famous men, but none of them sing?
Do you think you know the answer? Don't spoil it for your neighbours! Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm.
Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Poll: Should the second harbour crossing be a bridge or tunnel?
The government is prioritizing building a second crossing additional to the Auckland Harbour Bridge.
What's your preference? Bridge or tunnel?
-
34.4% Bridge
-
62.5% Tunnel
-
3.1% Other - I'll share below
Loading…
