Rental Property Vacancy rates

[Wayne]

If people paid the same and got less then the counter point to that is they paid the same and now get more - by more i guess you mean the HH updates - well that is a relief for me because I was of the opinion that rents had been going up. If they pay the same for more it's a great result and we can walk away happy at a job well done...

I don't mean anything by 'more' since I didn't say more at all.
In an efficient market you have choice.
I can pay $1 for a packet of semi-rotten tomatoes or $1.50 for the same size packet of nice tomatoes.
In a tight or inefficient market I have to pay $1.50 for the semi-rotten tomatoes because all the nice ones are gone and the seller knows I really need the tomatoes.

[Jeffa]

The Police Association's Chris Cahill says one of the main reasons for the sharp escalation in crime in the Auckland inner city is the concentration of emergency housing.

The students have gone, he says, and the backpackers from overseas aren't here, and the buildings they used to live in now house the homeless.