Perfect storm as Wellington's rental squeeze spreads to suburbsKEVIN STENT/FAIRFAX NZ The annual renting nightmare is over for flat-hunter Ted Greensmith-West, who has found a room in Newtown. Wellington is facing an unprecedented rental squeeze that looks like it's not going away in a hurry. The squeeze on rental property was highlighted this week by a photo of more than 40 people showing up to view a single flat in Mt Cook. SUPPLIED Philippa Howden-Chapman hopes an upcoming study of the Wellington housing crisis will give clear direction on how to address it. FAIRFAX NZ Newlands is among various outer suburbs of Wellington that are now feeling the squeeze as hard-pressed renters head further afield.

Source: Stuff March 03, 2017 06:56 UTC