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Posts by Price My House for Free Limited
2439 days ago

MASSIVE DEMAND FOR WELLINGTON RENTALS

Garry Tranter from Price My House for Free Limited

'Massive' demand for Wellington rentals and shortage won't ease soon, Trademe says

Wellington is bearing the brunt of fierce demand for rentals, and there is no relief on the horizon.

Head of Trade Me Property Nigel Jeffries​ said the demand in Wellington was "massive", with the number of available rentals dropping 70 per cent on December 2016.

January "is likely to be even more extreme", he said.

In one case, a two-bedroom rental in Wellington was listed for 25 hours before it was taken down due to a flood of 55 applications.

The capital also saw the highest rise in median weekly rent over the last two months, up $30, from $450 to $480 in December.

The latest Trade Me Property Rental Index shows fewer listings compared to last year, and the cost of rent was on the rise.

Jeffries said rental availability would only get tighter, and prices higher in 2018.

"Overall the shortage of rental properties isn't going to get easier anytime soon."

"Demand will continue to exceed supply this year and as a result we are predicting that the national median weekly rent will rise between 3 and 5 per cent."

More messages from your neighbours
6 days ago

Poll: How do you feel about dogs being allowed indoors in cafes?

The Team from Neighbourly.co.nz

For most of us, seeing a friendly doggo while out and about instantly brings a smile to our faces. But how do you feel about cafes welcoming pups inside?

Cast a vote and share your thoughts below.

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How do you feel about dogs being allowed indoors in cafes?
  • 26.7% I love it!
    26.7% Complete
  • 31% Only in designated areas
    31% Complete
  • 42.2% No, it should be outdoors only.
    42.2% Complete
3380 votes
2 days ago

Poll: Should employees be able to work from home?

The Team from Neighbourly.co.nz

At the post-Cabinet press conference, the National Party asserted they want public sector staff to return to the office. This has opened a conversation about other sectors in New Zealand who have adopted working from home (WFH).

Where possible, do you think employees should be able to work from home? Vote below and share your thoughts in the comments.

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Should employees be able to work from home?
  • 70.3% Yes
    70.3% Complete
  • 26.6% No
    26.6% Complete
  • 3.1% Other - I'll share below
    3.1% Complete
1322 votes
9 hours ago

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