• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 12 of 13 FirstFirst ... 2 10 11 12 13 LastLast
Results 111 to 120 of 121
  1. #111
    Join Date
    May 2004
    Posts
    2,831

    Default

    Meanwhile in Hamilton, rents are rising and rentals are in short supply. Colour me surprised.

    http://www.stuff.co.nz/national/1151...arket-tightens

  2. #112

    Default

    Quote Originally Posted by Don't believe the Hype View Post

    On a separate note looking at properties for sale there seems to be a HUGE shortage of properties in Porirua - historically they've sat around 200 on the market at any one time - last few weeks they were sitting around 130 and today I noticed they're down to 102 properties for sale. Filtering out the sections/house and land packages there is only about 70 houses ready for occupation that are on the market in Porirua.

    With this low level of listings and new CV's Sept 19 (released to market Dec19) will we see continued solid capital appreciation?

    24-Aug 102 for sale today 92 for sale... stock dropping by 10 a week - at this rate there will be no properties for sale in Porirua by Xmas

  3. #113
    Join Date
    Jun 2013
    Posts
    2,124

    Default

    Quote Originally Posted by Don't believe the Hype View Post
    On a separate note looking at properties for sale there seems to be a HUGE shortage of properties in Porirua - historically they've sat around 200 on the market at any one time - last few weeks they were sitting around 130 and today I noticed they're down to 102 properties for sale. Filtering out the sections/house and land packages there is only about 70 houses ready for occupation that are on the market in Porirua.

    With this low level of listings and new CV's Sept 19 (released to market Dec19) will we see continued solid capital appreciation?
    Why do you think this is a shortage? Isn't it just as likely a reflection of the lack of demand?

  4. #114

    Default

    Quote Originally Posted by elguapo View Post
    Why do you think this is a shortage? Isn't it just as likely a reflection of the lack of demand?


    I'm interested in how you come to the conclusion of a lack of demand. Can you walk me through?

  5. #115

    Default

    Current rentals down to 33 total available.

    Only 20 under $600/wk of which only 11 are 3br+

  6. #116
    Join Date
    May 2004
    Posts
    2,831

    Default

    Trademe latest - Wellington vacancy listings down 11% on same month last year.

    property.trademe.co.nz/market-insights/rental-price-index/tenants-in-wellington-paying-60-more-per-week-in-rent/

  7. #117

    Default

    I notice that the Mayor talked about rents in Porirua skyrocketing in the 'meet the candidates' session ... he also said it was something they had to tackle...
    ;'
    I wonder if they would be willing to reduce rates to landlords in order to keep prices down OR remove development contributions as the Hutt City Council has to encourge development?

    In the past 3 years (i.e. on the current Mayors watch) the development contributions in Porirua have doubled... but don't mention that when discussing why rents are increasing the way they are.

  8. #118
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,971

    Default

    Quote Originally Posted by Don't believe the Hype View Post
    I notice that the Mayor talked about rents in Porirua skyrocketing in the 'meet the candidates' session ... he also said it was something they had to tackle...
    Just the usual empty rhetoric - saying something people want to hear. Especially at political meetings.

    For, when all is done and said
    There's always more said than done
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  9. #119
    Join Date
    Jan 2012
    Posts
    1,062

    Default

    Quote Originally Posted by Don't believe the Hype View Post
    I wonder if they would be willing to reduce rates to landlords in order to keep prices down
    No, because most LL's would just pocket the savings and carry on allowing demand set the rents as they are currently.

  10. #120
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,971

    Default

    Quote Originally Posted by Learning View Post
    No, because most LL's would just pocket the savings and carry on allowing demand set the rents as they are currently.
    Perhaps a 12 month bonding arrangement?

    But really, what are councils doing becoming involved in social engineering?

    I think it would be better if they stayed away from such political capers.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!


 

Thread Information

Users Browsing this Thread

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

Similar Threads

  1. Aus Rental vacancy rates
    By Keithw in forum Property Investment (Oz)
    Replies: 0
    Last Post: 14-08-2018, 12:47 PM
  2. Vacancy in December
    By Bryanw in forum Property Management
    Replies: 12
    Last Post: 01-06-2016, 11:39 AM
  3. Vacancy rates around the country
    By Glenn in forum Property Investment (NZ)
    Replies: 12
    Last Post: 05-01-2014, 09:37 PM
  4. Vacancy rates paint mixed rental picture - Sydney
    By muppet in forum Regions News (Oz)
    Replies: 0
    Last Post: 16-01-2010, 12:40 PM
  5. Sharp jump in office vacancy rates
    By fudosan in forum Commercial Property (NZ)
    Replies: 1
    Last Post: 31-12-2009, 05:18 PM
  6. Vacancy Rates
    By GreenTreeFrog in forum Property Investment (NZ)
    Replies: 14
    Last Post: 02-02-2009, 03:03 PM
  7. Vacancy on the rise
    By fudosan in forum Commercial Property (NZ)
    Replies: 1
    Last Post: 02-02-2009, 10:26 AM
  8. Where to find Vacancy Rates data?
    By Pasty in forum Property Investment (NZ)
    Replies: 1
    Last Post: 12-02-2005, 07:05 PM
  9. Vacancy Rates
    By twilightau in forum Property Investment (NZ)
    Replies: 4
    Last Post: 24-03-2004, 09:43 PM

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
  •