Chickens coming home to roost?
"The number of rental properties on the market has halved since last year, which will probably mean stiff competition for places and increasing rents, according to Trade Me.
The shortage means in October the average rental attracted 28 per cent more inquiries within the first week of being listed than a year ago, the online marketplace operator says.
Wellington was hardest-hit with 69 per cent less rental properties."
"The number of rental properties on the market has halved since last year, which will probably mean stiff competition for places and increasing rents, according to Trade Me.
The shortage means in October the average rental attracted 28 per cent more inquiries within the first week of being listed than a year ago, the online marketplace operator says.
Wellington was hardest-hit with 69 per cent less rental properties."
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