• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 3 of 13 FirstFirst 1 2 3 4 5 ... LastLast
Results 21 to 30 of 130
  1. #21
    Join Date
    Jun 2005
    Location
    Nelson NZ
    Posts
    3,863

    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
    14,834

    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
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  3. #23
    Join Date
    May 2004
    Posts
    2,774

    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
    3,863

    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!)

  5. #25
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,834

    Default

    19 Dec 2017
    Wellington's rental shortage bites, flats snapped up in record time
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  6. #26
    Join Date
    Jan 2012
    Posts
    1,022

    Default

    “Massey University School of Public Health research has found that about 18 per cent of landlords do not collect or lodge bonds.“ - Russian roulette either way.

  7. #27
    Join Date
    Jun 2005
    Location
    Nelson NZ
    Posts
    3,863

    Default

    Quote Originally Posted by Perry View Post
    19 Dec 2017
    Wellington's rental shortage bites, flats snapped up in record time
    I note that the article quote Grant Robertson. He says that Labour is addressing the problem through kiwi build. Perhaps he has not heard that the Kiwi build is for owner occupiers only and that Auckland and not Wellington is where the effort will be directed.
    Clearly Labour is in denial just the same as National was and still is.
    As of today 20 December there are a total of 88 rentals advertised in Nelson / Tasman for a population of 100,000. That is one vacancy advertised per 1136 people. In Wellington they have 890 properties advertised for a population of 513,900. That is 1 vacancy per 577 people. Compare that with Canterbury at 349 per vacancy or Auckland at 356.
    I think Donald calls this fake news!

  8. #28
    Join Date
    Oct 2007
    Location
    Wellington
    Posts
    411

    Default

    Glenn, the desperate tenants begging to rent my houses at 220 a room do not think it's fake news. And it's not even February yet. Your calculation of dividing rentals per heads of population is desperately flawed.

  9. #29
    Join Date
    Jun 2005
    Location
    Nelson NZ
    Posts
    3,863

    Default

    The fake bit relates to how the politicians interpret the facts. What I do not like politicians and reporters saying that they are fixing the problem by doing something that will not solve the problem. How would you grade the level of desperation between One town or vacancy and the next. Does one judge it on tears, numbers applying, or $ being offered above asking price. Or how about gross rates of return?

  10. #30
    Join Date
    Oct 2007
    Location
    Wellington
    Posts
    411

    Default

    Yes, I have to agree with you that politicians are unlikely to make a difference here. They need to encourage investment in new properties. Instead they discourage it...


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Renters Insurance
    By stevensaaron in forum Tenant Stuff (NZ)
    Replies: 2
    Last Post: 22-04-2015, 12:12 AM
  2. Renters who renovate???
    By Rent&Renovate in forum Welcome Newbies!
    Replies: 1
    Last Post: 14-02-2015, 07:40 AM
  3. Renters
    By richard56 in forum Tenant Stuff (NZ)
    Replies: 5
    Last Post: 27-01-2015, 11:36 AM
  4. WOF and License for renters
    By klauster in forum Property Investment (NZ)
    Replies: 2
    Last Post: 01-08-2014, 12:30 PM
  5. RENTERS...TV Prog
    By richard56 in forum Property Management
    Replies: 31
    Last Post: 08-07-2013, 03:48 AM
  6. Renters
    By PC in forum Tenant Stuff (NZ)
    Replies: 5
    Last Post: 15-12-2011, 02:05 PM
  7. Renters writing CV's now.
    By Viking in forum Property Investment (NZ)
    Replies: 1
    Last Post: 06-05-2010, 07:33 PM
  8. NZ economy shrinks in first quarter
    By essence in forum Regions News (NZ)
    Replies: 6
    Last Post: 06-07-2008, 11:50 AM
  9. Aussies investing in the USA
    By Muppet in forum Property Investment (USA)
    Replies: 1
    Last Post: 25-06-2005, 11:43 AM
  10. TV2 new series of Renters
    By jadelotus in forum General (NZ)
    Replies: 4
    Last Post: 19-02-2005, 10:23 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •