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  1. #21
    Join Date
    Jun 2005
    Location
    Nelson NZ
    Posts
    3,836

    Default

    Quote Originally Posted by Nick G View Post
    I think they look at peak season. My PM says 50% drops year on year for 3 years now.
    I seriously doubt any property manager or reporter looks at any figures apart from the numbers on the busses.
    Here are some figures to confuse and educate everyone. Just looking at Wellington to let on Trademe at the beginning of each month.
    Jan13 Mar13 Mar14 Feb15 Nov15 Feb16 Nov16 Feb17 Nov17
    1805 1507 1570 1782 1186 1379 756 1008 733

    So were do the reporters get their stories out of these figures?
    Last edited by Perry; 20-11-2017 at 08:59 AM. Reason: formatting

  2. #22
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    13,216

    Default Chickens Coming Home to What Roosting Places?

    Quote Originally Posted by Glenn View Post
    So were do the reporters get their stories out of these figures?
    Labour Party HQ?

    More follow up, here.

    Victoria University of Wellington Student Association president Rory Lenihan-Ikin said a Government policy to increase student livings costs by $50 a week would be cannibalised by the increased price of accommodation.

    Quote Originally Posted by Stuff
    "When I first got a flat in 2013 I was paying $150 and that was very normal. Now the average in the student suburbs in Wellington is $218, according to the most recent data we've had."

    SIX REASONS 2018 COULD BE RENTERS' YEAR OF HELL
    1. Potential cost increases due to regulatory demand could reduce investment in rentals
    2. Potential tax changes to rental properties, including capital gains, could put off investors
    3. Possible Government staff growth could increase demand
    4. Credit restrictions on investor could reduce purchase of rentals
    5. First-home buyers' inability to save a 20 per cent deposit stops transitions from rental to ownership
    6. Affordability of new homes
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  3. #23
    Join Date
    May 2004
    Posts
    2,272

    Default

    Quote Originally Posted by Glenn View Post
    ....
    So were do the reporters get their stories out of these figures?
    At the moment they are quoting numbers reported by TradeMe. As previously discussed TM have a truckload of data and it is obvious they are not using snapshots on a day. I would say they are using new listings in a period. Nothing wrong with either measurement but they are apples and oranges. My recent experience (last month) with a Wellington city fringe rental is hundreds of TradeMe views in the first two days and a large pool of good applicants to choose from.

  4. #24
    Join Date
    Jun 2005
    Location
    Nelson NZ
    Posts
    3,836

    Default

    Quote Originally Posted by artemis View Post
    At the moment they are quoting numbers reported by TradeMe. As previously discussed TM have a truckload of data and it is obvious they are not using snapshots on a day. I would say they are using new listings in a period. Nothing wrong with either measurement but they are apples and oranges. My recent experience (last month) with a Wellington city fringe rental is hundreds of TradeMe views in the first two days and a large pool of good applicants to choose from.
    Oh absolutely completely agree 100%.But how does one get your hands on data that is not published. All I can do is use what is available. There is a reasonable co relationship so a reasonable assumption can be drawn from the snap shots.
    There simply is no way one can have an intelligent discussion about hidden statistics that only party has access to and uses to achieve their own agenda. (as apposed to my agenda!)


 

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