• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 3 of 3 FirstFirst 1 2 3
Results 21 to 29 of 29
  1. #21

    Default

    The seesaw of supply vs demand uses price to balance out difference in quality. But if the balance is massively out then price makes little difference. If it's all supply and no demand then you might struggle to even give your product away, adversely if demand massively exceeds supply (such as Wellington rentals) then you can sell a third rate reject for top dollar.

  2. #22
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,457

    Default

    There's probably some truth in that. But bringing in the hi-vis vest, clipboard-toting bureaucrats would likely make little-to-no difference in the scenario you describe.
    Try Radenbrea Studios for hand-made designer jewellery. Especially if you're looking for a great gift for your lady love.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  3. #23

    Default

    It would force the slumlord owners of the third rate rejects to tow the line or sell to someone who will.

  4. #24
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,457

    Default

    If the situation is as desperate as you say, they will just 'go underground,' rather than there being any change.
    Try Radenbrea Studios for hand-made designer jewellery. Especially if you're looking for a great gift for your lady love.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  5. #25
    Join Date
    May 2004
    Posts
    2,650

    Default

    Quote Originally Posted by Learning View Post
    It would force the slumlord owners of the third rate rejects to tow the line or sell to someone who will.
    That was the plan for the Wellington City Council rental warrant of fitness. The initial intention being to give passed rentals a significant edge over the rest. And the next intention to pave the transition from voluntary to mandatory.

    So far, getting on for 2 years in, there are 2 passed rentals. Nobody is saying how many failed.

    Anyhoo, I'm sure the 2 that passed are tenanted. Like pretty much every other Wellington rental.

    The government is to bring in new standards for rentals. And a CGT of some description is promised.

    There's a shortage in Wellington, and elsewhere. Costs are rising. Some landlords are selling up and not buying new. Rents in Wellington beating Auckland's. Who would have thunk it.

  6. #26
    Join Date
    Sep 2004
    Location
    Hastings
    Posts
    14,457

    Default

    Donthca worry none. Super duper Dhil has it covered.
    Try Radenbrea Studios for hand-made designer jewellery. Especially if you're looking for a great gift for your lady love.
    Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

  7. #27

    Default

    Having just moved out of Welly, I can whole heartedly say that the rental market is ridiculously difficult & quite often people are offering the landlords more rent to secure it. I had 3 really awful landlords (2 private, 1 agency) & I believe they treat people like scum because they have too many choices.

    A friend moved into a flat in Petone which seemed fine but after 2 weeks the ceilings were covered in black mould and the bathroom walls leaked water. It had obviously been cleaned up simply for the viewing. When my friend called the landlord, he sent a builder over who said he had been coming to the property for years as the landlord refused to fix the house properly.

    I am now in my 4th rental (agent) & so far, things have been a positive experience. I pay $130 less per week for a similar sized property which is warm and nice to live in, plus my commute to work is 10 minutes rather than 30. The difference? I now live in Dunedin

  8. #28

    Default

    Who would have thought rent prices are cheaper in smaller cities or towns.

  9. #29

    Default

    Dunedin PM's tend to have a bad rep too, you must have met some real special ones in Wellington.
    Free online Property Investment Course from iFindProperty, a residential investment property agency.


 

Thread Information

Users Browsing this Thread

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

Similar Threads

  1. Wellington housing shortage
    By Don't believe the Hype in forum Property Investment (NZ)
    Replies: 17
    Last Post: 17-04-2017, 07:18 PM
  2. Rental shortage problems
    By johnnyandtina in forum Property Investment (NZ)
    Replies: 6
    Last Post: 28-03-2017, 06:44 PM
  3. Replies: 1
    Last Post: 17-12-2012, 01:46 PM
  4. Hamilton Rentals Market Situation?
    By Perry in forum Property Investment (NZ)
    Replies: 8
    Last Post: 24-03-2011, 03:59 PM
  5. Christchurch earthquake: Housing shortage to put pressure on rentals
    By muppet in forum Property Investment (NZ)
    Replies: 5
    Last Post: 09-09-2010, 09:12 AM
  6. Rental vacancies will feel squeeze due to supply shortage
    By jenny_pt in forum Property Investment (Oz)
    Replies: 0
    Last Post: 28-01-2010, 12:11 PM
  7. Wave of Rentals hit market - what comes next !!
    By Bluekiwi in forum Property Investment (NZ)
    Replies: 44
    Last Post: 02-05-2009, 03:32 AM
  8. Rental shortage creates good opportunities
    By muppet in forum Property Investment (Oz)
    Replies: 0
    Last Post: 29-03-2008, 07:53 AM
  9. Adelaide rental shortage heightens
    By Walter in forum Regions News (Oz)
    Replies: 0
    Last Post: 08-01-2007, 11:29 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
  •