Homeowners in Bay of Plenty top up income by renting spare rooms for cash
"It costs me $40 a week to live in my house."
Source: nzherald.co.nz
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"It costs me $40 a week to live in my house."
Greens say too many people spend too much of their income on rent.
Rotorua's mayor wants urgent action to ensure long-term accommodation buildings are safe after the Loafers Lodge fire in Wellington last month which claimed five lives.
Average rent on newly tenanted homes increased by $25 a week in the year to April
Falling house prices and rising rents have pushed up yields for investors - but they're still woefully inadequate