Ann Gibson of NZH says rental increases are exploitation of the housing shortage. Umm what do we think?
Rents rise every year - don't they? Yes there will be some landlords working it and getting the most they can for their rental - but an average increase of $21 a week (mentioned in the article) doesn't seem like 'exploitation' the increases mentioned below are max 5%. Umm how much have rates and insurances gone up by?
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cheers,
donna
Rents rise every year - don't they? Yes there will be some landlords working it and getting the most they can for their rental - but an average increase of $21 a week (mentioned in the article) doesn't seem like 'exploitation' the increases mentioned below are max 5%. Umm how much have rates and insurances gone up by?
Barfoot's figures show the average weekly rent rose $19 to $476 for a three-bedroom house, $17 to $499 for a four-bedroom home and $40 to $749 for five or more bedrooms.
cheers,
donna
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