Lower commercial rents says Greens

[donna]

Reforms to lower commercial rents - to fill empty shops says Greens.

Umm - that's not going to do it! The way consumers shop has changed and it's never going back!

Shopping local in your village is still a thing as is online shopping. Travelling into cities, paying to get...

[donna]

Maybe we need look no further than Fletcher Building - NZ's largest developer. Interest.co.nz report Fletcher Building is likely to have $750 million write offs for year ending 2025 (due to end this month) and a substantial loss. Last year's was $227 million and it's expected to be more this year....

[Jeffa]

https://www.nzherald.co.nz/nz/news/a...ectid=12298132

Be interesting to know with the lack of rentals in Wellington inner city ,if the ending of negative gearing played a major role in this...I invested in Lower Hutt and Porirua a few years back so they were neutrally/positively...

[flyernzl]

"Wellington Mayor Justin Lester promises council will intervene in rental market as rents surpass Auckland's

And now Mayor Justin Lester and councillor Brian Dawson want "Mum-and-Dad" property investors to lease their houses to the city council so they can be turned into...

[surfbluedog]

With new valuations coming in, and expected to be much higher than last time, surely this will mean all our rates will be going up?

[Cadmium]

Lowest rents for a decade
NZ Herald

4:00AM Sunday Apr 26, 2009
Anna Rushworth
_______________________

Landlords across the country are slashing rents to avoid having their properties stand empty as tenants find themselves in the best position for a decade....

[jenny_pt]

MORE homes will be built in Adelaide than in Sydney in 2009, proof that the housing crisis engulfing the nation's biggest city is reaching alarming proportions.

Figures obtained by The Daily Telegraph show an estimated 7300 new dwellings will be built in Sydney this year, the lowest rate...