I'm interested in others views on whether people being locked up on 12 month leases is a significant causes of rental squeeze in wellington - basically everyone comes off the leases at the same time. Reason I'm asking is I've got a two bed city fringe place available and have relatively low interest compared to what happened in December for a similar unit. Those that do enquire cant start for quite some time because of leases. Seems that once you get past late Feb early March there is no more squeeze?
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Are leases in Wellington causing the peaks?
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