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Minister Louise Upston questions Government paying $2.34 billion in rent, mortgage supplements - Vimarsana News

Minister Louise Upston questions Government paying $2.34 billion in rent, mortgage supplements

The state is helping 364,000 tenants and mortgage holders who can’t afford where they live, paying $2.34 billion annually so they can afford housing, and one...

Landlords $1.3 million out of pocket in unpaid rent for first two months of 2024 - Vimarsana News

Landlords $1.3 million out of pocket in unpaid rent for first two months of 2024

One Auckland tenant owed a whopping $33,000 for falling behind in rent over just 21 days, while another lay dead in their council flat.

Source: rnz.co.nz
Unpaid rent: One tenant was $33k behind in rent; another lay dead in their council flat - Vimarsana News

Unpaid rent: One tenant was $33k behind in rent; another lay dead in their council flat

Landlords around the country are chasing close to $1.3 million in unpaid rent for residential tenancies that ended or were on the brink of ending in the fi

'Absolute shortage' of rental housing - Vimarsana News

'Absolute shortage' of rental housing

The rental market in Southland has too many renters chasing too few houses, resulting in an increase in rents. Todd & Co property manager Berny...

Source: odt.co.nz
Rental property yields tended to flatten out at the end of last year - Vimarsana News

Rental property yields tended to flatten out at the end of last year

After almost two years of improving yields on rental properties, they took a breather at the end of 2023