Can we get some hard number data on this? PIs 'say' they're selling up, but how many actually are and how many houses have been sold? Case in point . . .
Napier rental squeeze leaves families in 'absolute desperation'
How many is a lot of LLs and how many is a lot of houses?
Napier rental squeeze leaves families in 'absolute desperation'
Hawke's Bay Properties director Dee Penno said that the proposed new requirements for rental properties, such as insulation and heating, would make the situation worse. A lot of landlords had sold up over the last 18 months, because of the buoyant market in Hawke's Bay, she said. And she predicted it would only get worse, if stricter requirements for rental properties came into force.
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