550pw News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rent hits record $550pw: Tauranga tenants lower standards, group together, to get rentals 19 Feb, 2021 05:00 PM 6 minutes to read Tenants desperate to find a rental are lowering their standards or grouping together to share accommodation with family and friends just to get a roof over their heads, experts say. Some were also paying more than $650 a week, leaving very little for necessities such as food, power and clothing and were avoiding paying bills on time to be able to afford to eat. The news comes as the Bay of Plenty's median weekly rent has hit an all-time high of $5...